Four Waste Coal Provisions Manchin Put in the Infrastructure Bill - 2021-10-09
While he's been demanding large cuts to the Democratic reconciliation package, Sen. Joe Manchin (D-W.V.) has consistently urged the House to take up and pass the bipartisan infrastructure bill that the Senate passed in August.
Many of the business lobbying groups that fund Manchin's campaigns back the infrastructure bill, but there may be another incentive driving Manchin's support. A review of the legislative text shows that several provisions in a section drafted by Manchin's committee would direct benefits to companies involved in waste coal, a niche area of the coal industry that happens to be what the Manchin family coal brokerage specializes in.
Enersystems does not release information about its revenue, but the few public documents available show that it has a contract to provide waste coal to the only power plant in West Virginia that burns it for power. It is currently run by Sen. Manchin's son, but Sen. Manchin earns about $500,000 from it annually through dividends on his shares, which he states in his financial disclosures are worth as much as $5 million.