Coal industry is leveraging U.S. economic crisis to argue for exemptions
Critics of the pitch for a coal-company tax cut, royalty relief, and less reclamation-recovery funding equated it to “a corporate giveaway” that would hurt state governments and local communities alike.
New life for former coal-plant sites
“We’re seeing a surge in interest around redevelopment because there is a recognition that they are assets of value,” one analyst said. “There’s a return on investment waiting to happen.”
Transition to modern electricity generation seen as persisting across U.S. Coronavirus-stricken economy
“People will build and go back to work,” one analyst said. Among transition projects just breaking ground: A wind farm worth $60 million in tax revenue to an Ohio county.
60 more layoffs in Wyoming
Citing deteriorating demand, owners of Buckskin Mine let a quarter of its 206 workers go; the news follows word of 50 layoffs at North Antelope Rochelle Mine on March 5.
Upstate New York plant closure brings a modern data hub to town
The Somerset County Operating Plant, the state’s last coal generator, will become the site of a new energy-data hub, and its closure has raised possibilities around local utility-scale renewable investment.
Signs that big coal is abandoning Wyoming communities
“A noticeable reduction in corporate giving and all manner of charitable support” is in evidence regionally as coal companies curb support for youth programs, education awards, and other nonprofit initiatives.
Commentary: ‘Potentially a great leap forward’
State lawmakers have finally opened the door to the solar industry, and in West Virginia, Coalfield Development Corporation is among several groups working to repurpose former coalfield sites as utility-scale hubs.
Navajo coal company faces more hurdles in Powder River Basin
NTEC waived its “sovereign immunity” from Montana state regulations but still hasn’t been able to secure $400 million in cleanup bonding and hasn’t acquired the federal land leases it needs.
Virginia joins the offshore wind-industry race
The state is vying aggressively for taking the lead in the buildout of thousands of megawatts of offshore wind-power production. A turbine blade factory may also be in the works.