It’s Time For US States That Grew Rich From Oil, Gas And Coal To Figure Out What’s Next
Bradley Handler, Matt Henry and Morgan Bazilian via The Conversation | These are very challenging times for U.S. fossil fuel-producing states, such as Wyoming, Alaska and North Dakota. The COVID-19 economic downturn has reduced energy demand, with uncertain prospects for the extent of its recovery. Meanwhile, rising concern about climate change and the declining cost of renewable energy are precipitating a sharp decline in demand for coal in particular.