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"State officials are handing out the equivalent of $24.24 per megawatt-hour over the next 20 years to the 11 (wind) projects. Wind turbines can get an additional $23 per megawatt-hour in federal tax credits.
The electricity generated by these 11 projects, however, will only sell for an average of $16.25 per megawatt-hour, according to the federal Energy Information Administration (EIA)."
Pay $47/mWh and sell for $16/mWh. Maybe they'll make it up in volume.
The coal jobs will come back once we burn through all of this "abundant" natural gas. Coal home-delivery jobs will come back too, since there will be no more natural gas for home heating.
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So you can tell us there will be no "natural gas" but there will be coal and how do you know this information?
It's true. Natural gas was the winner here and has been for quite some time. The job losses are not due to regulation. They are due to natural gas (safer, cleaner, cheaper).
OP, I know you don't trust CNN, but it's a damn same the "right" news organizations or news outlets won't discuss this, therefore, those that live in a news bubble have no idea. The coal miners obviously fell for Trump's promise, but the West Virginia corporations and government know better.
What Trump needs to do is find a way to help those that spent their lives in the business, the West Virginia government needs to find ways to capitalize on it's natural beauty and also find a way to attract more business such as the FBI. Look at the tourism out west in other mountainous states. I do have one thing to say: the deregulation of being able to dump stuff in streams WILL DO nothing to help West Virginia and other states like it. It will ruin what they have left.
...i'm very leery of any info coming from a fake news outlet like CNN...
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