energy information administration

State lawmakers are considering a bill that would designate some coal severance tax money to scholarships for coalfields residents; the measure has already passed the House. But a report by a non-profit group warns that Kentucky needs to think about the long-term future of the state’s coal severance fund.

Coal producers pay a tax of four and a half percent value of coal that’s sold into the state’s coal severance fund. Half of that money goes to Kentucky’s general fund, and the other half goes to various programs in coal-producing counties.

Last year, the state’s coal severance tax generated more than $295 million. But the Energy Information Administration has predicted a steep decline in Appalachian coal over the next several decades, and that also will eventually mean declining coal severance revenue for Kentucky. [click to continue…]

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Federal Government Predicts Decline in Coal-Generated Electricity in 2011, 2012

by Erica Peterson October 17, 2011

The federal government is predicting that the country’s appetite for coal will have decreased further by the end of the year. The Energy Information Administration expects coal will generate nearly 2 percent less of the nation’s electricity than it did last year, and the amount of electricity generated from coal could decline an additional four […]

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by Erica Peterson September 28, 2011

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by Erica Peterson September 22, 2011

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Government Data Suggest Coal Use for Electricity is Declining

by Erica Peterson August 9, 2011

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The Driving Force Behind Recent Coal Mergers? Metallurgical Coal

by Erica Peterson June 13, 2011

The coal industry and politicians have done a good job making it clear that Kentucky is a coal state. But not all coal is equal. Not chemically, not geologically and not financially.  And some types of coal are much more valuable than others. The relative value of different types of coal is one force behind […]

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