CHARLESTON, W.Va. – An uptick in the state business index can be attributed mostly to the state’s coal industry, and the West Virginia Coal is thanking state lawmakers for helping the industry survive recent years of austerity.
According to a recent report by West Virginia University, the Mountain State Business Index jumped 0.3 percent in August, marking the index's 11th month-to-month gain over the past 13 months. Coal production accounted for the majority of the 0.3 percent increase in the MSBI, thanks to a 3.9 percent jump in output from the previous month.
“Thanks to the West Virginia Legislature, which has passed each component of the Coal Jobs and Safety Act over the past few years, our industry has been able to weather the regulatory storm that came out of Washington for eight years,” said Coal Association President Bill Raney. “Now that we have a more favorable attitude towards the coal industry at the federal level, we have renewed confidence that West Virginia’s coalfields will continue to play a major role in the state’s economic growth.”
By Chris Hamilton
Co-chairman, West Virginia Coal Forum
Senior Vice President, West Virginia Coal Association
Morgantown City Council is starting down a dangerous path.
In late June, the Council began consideration of a resolution to have the city of Morgantown support the Paris Climate Accord’s overall emissions reduction goals.
This action flies in the face of what is best for West Virginia and the nation. Let’s remember that President Donald Trump officially paused American compliance with the Accord while he renegotiates better terms for our country.
If the resolution ultimately passes, Morgantown will join other cities that have taken independent action on climate change via the Paris Accord regardless of the economic consequences.