Coal Mining Outlook: International, National, and Virginia Trends

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dc.contributor.authorKarmis, Michael E.en
dc.contributor.authorMcDowney, Prestonen
dc.contributor.authorRipepi, Ninoen
dc.contributor.authorSchafrik, Steven J.en
dc.contributor.authorWeisiger, Seanen
dc.contributor.authorWalton, Danielen
dc.contributor.authorKostic, Dennisen
dc.date.accessioned2019-06-17T19:09:30Zen
dc.date.available2019-06-17T19:09:30Zen
dc.date.issued2000-11en
dc.description.abstractCoal mining serves an important role as the economic catalyst for Southwest Virginia, providing high paying jobs in an area crippled by unemployment. There are numerous support industries in existence only because of coal mining. The ripple effects of mining are experienced throughout the state. Every ton of coal mined in Virginia contributes $27.11 to Virginia's economy, while every dollar paid to a miner has a $4.64 impact on Virginia's economy. The tax credit has had a pronounced effect on coal production in Virginia. After the tax credit was enacted, the declining trend in coal production has slowed down, and the production levels are higher than projected. As a result of these higher production levels, an additional $394 million in total impact has been generated, millions in severance and income taxes have been produced, and numerous coal mining jobs have been preserved.en
dc.description.sponsorshipUnited States Department of Energy, Office of Industrial Technologiesen
dc.format.extent45 pagesen
dc.format.mimetypeapplication/pdfen
dc.identifier.sourceurlhttps://energy.vt.edu/content/dam/energy_vt_edu/pdfs/coal_outlook_2000.PDFen
dc.identifier.urihttp://hdl.handle.net/10919/90193en
dc.language.isoenen
dc.publisherVirginia Tech. Virginia Center for Coal and Energy Research.en
dc.relation.ispartofseriesReport No. 2000-01en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.titleCoal Mining Outlook: International, National, and Virginia Trendsen
dc.typeReporten
dc.type.dcmitypeTexten
dc.type.dcmitypeStillImageen

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