October 1st, 2019 by WCBC Radio
Republican West Virginia Governor Jim Justice has reacted to the 2020 Democratic presidential hopefuls who are vowing to take bold action against climate change. A former Democrat himself, Justice dismissed the field of candidates as political opportunists trying to score points on what he believes is a non issue, particularly for the state of West Virginia…
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October 01, 2019 at 9:40 am, Jay said:
Why would Justice care anything about the environment? He is a billionaire who made his money off the backs of coal mines and coal miners and sold some of his coal mining assets to Russians.
In 2008, the average price of metallurgical coal jumped over 50%, and Justice’s Bluestone sold 2.8 million tons of it that year. That attracted the attention of Mechel, the Moscow-based mining giant. In 2009, Justice sold Bluestone and its 725 million tons of reserves to Mechel for $436 million in cash, a chunk of preferred stock, plus the assumption of more than $100 million in debt. On top of all that, the Russians were contractually on the hook to buy additional coal from Justice. He found reserves that he said were worth $165 million. Mechel balked, claiming the coal was worth only $25 million.
In 2014, Mechel sued Justice and Weir International, a mining consultancy, for fraud. According to Mechel’s complaint, “Justice knowingly and with the intent to defraud and/or negligently made or caused to be made misrepresentations and omissions of material fact.”
October 01, 2019 at 12:08 pm, kevin said:
> “I’m shocked! Shocked I tell you,” – to think a greedy tax evading coal operator would think that climate change is no big deal. He’s just the latest in a long line of politicians who have made their millions robbing West Virginia of their future, leaving them with dirty water, bad air and mountains of debt. He is the product of what Trump meant when he praised ‘undereducated voters.’ This was what they chose for their future.
October 01, 2019 at 5:52 pm, Mark said:
> And don’t forget Justice was elected as a DEMOCRAT!!!!
October 01, 2019 at 8:53 pm, kevin said:
> Good try Mark, but he is Republican though and though.