Posts Tagged ‘Economy’
Peculiar Patriot Coal deal raises questions
What would a health care executive-turned-environmentalist want with the dying business of mining coal? That’s the question some are asking after the announcement that a Virginia environmentalist plans to acquire assets, and assume around $400 million in liabilities, from recently-bankrupt Patriot Coal.
Read MorePredictable politics giving way to popular support for POWER+
In Kentucky, Virginia and Tennessee, cities and counties with long histories of coal mining are advocating for the POWER+ Plan, a federal budget initiative proposed by the White House to build a more diverse economy in the communities hardest hit by the regional coal industry’s decline. They deserve to be heard.
Read MoreU.S. coal giant Alpha Natural Resources files for bankruptcy
Alpha Natural Resources, one of the largest coal mining companies in the United States and a big player in the Appalachian coal market, filed for Chapter 11 bankruptcy on Monday of this week, blaming “an unprecedented period of distress with increased competition from natural gas, an oversupply in the global coal market, historically low prices due to weaker international and domestic economies, and increasing government regulation that has pushed electric utilities to transition away from coal-fired power plants.
Read MoreCommunity Rallies Around Need for Energy Efficiency in the High Country
Over 1,000 residents support greater energy efficiency investments to grow economy, lower energy costs CONTACT: Rory McIlmoil, Energy Policy Director, rory@appvoices.org Sarah Kellogg, North Carolina Field Organizer, sarah@appvoices.org (828) 262-1500 Blue Ridge Electric fact sheet (PDF) Photos by Amy Adams, Appalachian Voices Boone, N.C. — More than thirty local residents, service organizations and local government…
Read MoreVirginia city first to support POWER+
The City of Norton, in southwest Virginia, has voted unanimously to support a federal budget proposal that would steer billions of dollars for economic development to coal-impacted communities, including in Virginia. It’s the first such local resolution in the nation supporting the White House’s “POWER+ Plan.” Appalachian Voices championed the resolution with Norton’s leaders and commends them for leading the way on this vital issue.
Ginseng’s growing role in the new Appalachian economy
Most people who live in the mountains know that just being here can have a healing effect on the soul. But not as many people know that many native plants have real medicinal properties. Growing and marketing those wild medicinal plants and herbs was the subject of a recent workshop offered by the group AppalCEED in Norton, Va.
Read MoreVirginians’ electric bills could shrink under Clean Power Plan
A report by Public Citizen’s Climate Program details how the U.S. Environmental Protection Agency’s soon-to-be finalized standards on carbon pollution could lower Virginians’ power bills. The strategy for achieving this benefit is simple: invest in cost-effective energy efficiency programs first.
Read MoreEliminating poverty housing with efficient and alternative energy use
When North Carolina’s Ashe County Habitat for Humanity formed five years ago, seven people came together to study how to best build a home. They made a commitment not only to affordability, but also to energy savings, and the board voted to build all Ashe County Habitat houses to maximize efficiency and place an emphasis on alternative forms of energy.
Read MoreTurning down the heat: A collaborative effort to reduce energy bills
Extreme temperatures can send electric utility bills skyrocketing across most of North Carolina and place high demands on the state’s electric utility infrastructure. Fortunately, proven models exist that expand access to financing for energy efficiency improvements for everybody, including those who may not qualify for loans under traditional underwriting criteria.
Read MoreA time of transition: APCo’s latest Virginia generation plan
It’s like Christmas in July, at least for those of us who get excited about energy news. On Wednesday Virginia’s utilities released their long-term plans to meet demand. Here we unwrap that bright shiny package for a look at what Appalachian Power is pursuing between now and 2029.
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