Downtowns and the state’s cornerstone are under the gun from a pandemic response that necessitates curtailing economic activity. Economists predict prolonged impacts.
Economies of scale, shifting markets and over-capacity will all play into PRB coal’s fate, analysts say.
Lawyers, academics and coal bankruptcy veterans see red flags as new coal operators entered the state, they said Friday at a UW School of Law conference.
As coal fans cheer Trump’s replacement for the Clean Power Plan, data show declines predicted from Obama’s proposal came true even without his regulation.
All told, the state today collects at least half a billion dollars less in coal revenue each year than a decade ago. WyoFile breaks down the numbers.