Yes, let’s start by cutting the severance tax
If the state is not going to move on from fossil fuels, shouldn't they pay their fair share? Not in West Virginia. An explanatory video:
Support for coal but not the miners -- black lung
Yes, it's another Ogden favorite pandering to fossil fuel interests
Riley Moore has gotten lots of publicity on this:
But does it make a difference? Here is Politico yesterday:
For now, the move by Moore in West Virginia has little impact on BlackRock, which has $10 trillion in assets under management. Moore’s office oversees West Virginia’s $8 billion operating fund, only a fraction of which is invested in BlackRock money market funds. He doesn’t control the state’s pension funds, which also invest with BlackRock.
So, if the amount of money is so small that it has little impact, what Moore is doing is using state money to garner good publicity for himself.
Thursday morning updates
From this morning's Charleston Gazette-Mail front page:
WV House committee advances coal property tax bill previously estimated to cost local governments $12M
From that article:
A West Virginia House of Delegates committee has advanced the same coal industry-friendly bill that drew opposition last legislative session from lawmakers representing coal-producing counties after state tax officials estimated it would cost local governments $12 million in 2022.
See also this page 2 article:
Senate Judiciary panel approves ceding site-specific water pollution permit limit oversight, weakening some water quality standards
Neither of these was mentioned in this morning Wheeling Intelligencer.