Eastern Kentucky coal

Focus On Business: Bill Bissett on Kentucky Coal

Feb 8, 2016

Near the end of 2011, about 19,000 people were employed by Kentucky coal mines and preparation plants.  By this past October, the number for all of Kentucky was down to about half that.  The decline was worse than that in the Eastern coalfields.  Nationwide, production dropped as much as 10% in this past year and companies have been filing for bankruptcy.  Tom Martin discussed these issues with Dr. Bill Bissett, president of the Kentucky Coal Association.  

Sara Day Evans of Midway is the founding director of Accelerating Appalachia, described on its website as a “nature-based” business accelerator. The idea is to support the growth of entrepreneurialism in areas like eastern Kentucky where the decline of coal mining and related businesses has cost middle class jobs and driven young talent out of the region in search of better opportunities.

Ian Mooers is former director of the Center for Economic Development, Entrepreneurship and Technology at Eastern Kentucky University, and a member of the East Kentucky Workforce Innovation Board. His focus has been on Southeastern Kentucky, a region facing many serious socio-economic challenges, but now receiving the attention of such initiatives as Shaping Our Appalachian Region (SOAR), and the Promise Zone program which has identified more than $200 million in funding for the region in the next 5 to 7 years.

The Washington Post

West Virginia billionaire Jim Justice has reached a $1.5 million settlement with Kentucky officials over dozens of reclamation violations at several of his coal mines in eastern Kentucky.