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Message
re: WV's new GOP governor has a plan for coal subsidies; says Trump is interested
Posted on 8/10/17 at 10:35 am to Jim Rockford
Posted on 8/10/17 at 10:35 am to Jim Rockford
Not in favor of subsidies to prop up a failing industry. If they can't make it on their own, they shouldn't make it.
quote:
U.S. power plants burned at least 110 million short tons of Appalachian coal in 2016, according to Andrew Cosgrove, an analyst at Bloomberg Intelligence. A payment of $15 for each of those tons [the subsidy] would cost at least $1.65 billion.
1
Posted on 8/10/17 at 10:39 am to FooManChoo
quote:
Not in favor of subsidies to prop up a failing industry. If they can't make it on their own, they shouldn't make it.
Agreed.
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