Friday, January 22, 2010
Region Should Diversify
WEST VIRGINIA...
Coal production in Central Appalachia is likely to continue its 12-year decline, and an environmental consulting firm said recently, it’s time policy makers and legislators in four states work to diversify the region’s economy. A report issued by Downstream Strategies of Morgantown predicts production in West Virginia, Kentucky, Virginia and Tennessee will fall nearly 50 percent within a decade and urges those states to adopt laws, low-interest loan programs and other measures to support the development of renewable energy sources. The report blames the decline in part on increased competition from other coal-producing regions and other sources of energy, such as natural gas.
Coal production in Central Appalachia is likely to continue its 12-year decline, and an environmental consulting firm said recently, it’s time policy makers and legislators in four states work to diversify the region’s economy. A report issued by Downstream Strategies of Morgantown predicts production in West Virginia, Kentucky, Virginia and Tennessee will fall nearly 50 percent within a decade and urges those states to adopt laws, low-interest loan programs and other measures to support the development of renewable energy sources. The report blames the decline in part on increased competition from other coal-producing regions and other sources of energy, such as natural gas.
# posted by Homer Owens @ 8:41 AM 
