The coal industry and coal-related activities cost Virginia $22 million more than was paid by these businesses in taxes, fees and other revenue to state coffers in fiscal year 2009, according to a report released Wednesday that is the first analysis of the full financial impact of the coal industry on the Commonwealth. Given the nature and extent of the costs associated with coal, and the relatively small amount of taxes collected from coal companies, it can be expected that the industry imposes a net cost on Virginia taxpayers in most years.
Every day, we see the clear connection between the health of our citizens, the health of our environment, and the health of our economy. Unfortunately, national public debate is often dominated by the claim that we must choose between a clean environment and economic prosperity
A week ago, I met 2,000 people who would like nothing more than to give President Obama a lump of coal on Election Day. But what they really want to do is keep giving the entire nation coal-the coal we need for our coal-fired power plants, for our domestic steel production, and to reduce our reliance on foreign energy sources