Atlanta Journal Constitution - The coal industry is in deep trouble, and Southern Company's decision to buy an Atlanta natural gas utility puts it even deeper in the hole. ReadFor years, coal producers have been taking it on the chin as electric utilities have closed more and more coal-fired power plants and switched to cheaper,…
WVCBP in the News
Wall Street Journal Blog - Poor West Virginia. ReadIt's the only state in the country to have lost a statistically significant number of jobs in the past year, the Labor Department reported Friday, as falling energy prices have rippled through its coal mining industry and beyond.The state shed 19,100 jobs between July 2014 and July…
Blulefield Daily Telegraph - Secretary of Commerce Keith Burdette told the Joint Committee on Tax Reform Monday that it isn't the state's tax structure keeping businesses away. ReadInstead, Burdette told the committee, companies that investigate the Mountain State for expansion or start-up find that lack of flat land is the biggest disincentive. Less than 3…
Charleston Gazette-Mail - A couple years ago, Bambi Curry put a fence around the small backyard of her home, next to St. Cloud Common Park in west Huntington. ReadIn the past few years she's also put a new roof on her house and made some fixes to its aging plumbing. This spring, she paid the…
Clarksburg Exponent-Telegram - Earlier this year, President Barack Obama revealed his POWER Plus Plan, which proposes investing millions in aiding coal-dependent communities impacted by the industry's downturn. ReadThe plan coincides with the Obama Administration's controversial Clean Power Plan, an Environmental Protection Agency regulation to limit carbon emissions from U.S. power plants — a rule that…
Clarksburg Exponent-Telegram - Last week, President Barack Obama revealed the final version of his unprecedented plan to cut carbon emissions from U.S. power plants, and the battle over the future of the nation's electric grid escalated. ReadWest Virginia's political leaders have decried the U.S. Environmental Protection Agency's Clean Power Plan since it was first revealed…
Charleston Gazette-Mail - As coal industry officials and their political allies launched furious opposition to a federal effort to fight climate change, President Obama on Monday urged coalfield communities to support the plan, offering to work with local leaders to address coal's legacy liabilities and provide new economic opportunities where the mining industry's decline is…
Charleston Gazette-Mail - Jason Miller has six months left on the job he got 20 years ago. ReadFive others, two hourly employees and three supervisors, will continue to work with him at the Century Aluminum plant in Ravenswood. The plant was idled February 2009, when Century laid off more than 650 employees. Last week, Century…
Charleston Gazette-Mail - The federal Consumer Financial Protection Bureau is working on creating stronger federal regulations to control consumer abuses by the payday lending industry. ReadThe West Virginia Center on Budget and Policy is supporting the Bureau's efforts to protect consumers and control payday lenders nationally."Payday loans create a long-term cycle of debt and a…
Clarksburg Exponent-Telegram - It wasn't a great week for West Virginia. ReadOn Wednesday, we reported that West Virignia's unemployment rate jumped to 7.4 percent in June — 2.1 percent more than the national average and the highest of any state in the nation.The same day, we reported that the Kids Count study showed state children…