Bedrock erosion: How much has Wyo lost to coal's decline?
From its peak a decade ago, coal revenue for Wyoming has traced a steady decline.
How big a hole has that left in Wyoming’s government budget?
All told, the state today collects at least half a billion dollars less from coal sources each year than it did at the high point. That’s about a third of the state’s annual budget.
Coal’s dwindling prospects carry dire impacts for Wyoming workers and towns. Coal company bankruptcies impact workers’ retirement and health care benefits. Mine and plant closures are an even larger threat that could dry up livelihoods for Wyoming families and put entire communities dependent on coal jobs at risk.
For state government coffers, coal’s decline is a slower-moving catastrophe. But the decline has already had an enormous impact and will leave lasting change, lawmakers and analysts say.
Read more: https://www.wyofile.com/bedrock-erosion-how-much-has-wyo-lost-to-coals-decline/
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