West Virginia lawmakers just rushed through a bill that cuts $12.5 million in annual state revenue to bail out a bankrupt company. Who exactly are they working for?
See the other recent AlwaysFreeWV post about how senators Mitch McConnell and Shelly Moore Capito are missing-in-action when it comes to helping sick miners alarmed by the declining funds in the Black Lung Disability Fund. Then, hear the news that WV lawmakers rushed through a bill in two days that cuts $12.5 million in state revenue to bail out a bankrupt company in hopes of keeping an uncompetitive coal-fired plant running.
As this story notes:
In two days time, and with no input from any expert outside observers on the potential impact of the bill, West Virginia lawmakers have rushed through a bill that cuts $12.5 million in annual state revenue to bail out a bankrupt company in hopes of keeping an uncompetitive coal-fired power plant running.
Meanwhile, a West Virginia University environmental lawyer and economist says he isn't convinced even the $12 million could keep the plant operational.
"It just doesn’t make sense, but I don’t think the Legislature gave it a whole lot of scrutiny,” said James Van Nostrand, director of WVU's Center for Energy and Sustainable Development and professor of law. “First Energy said that’s what we need to keep the coal plant open, then everybody just falls in line and passes it.”