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Despite State Tax Cut, Bleak Long-Term Outlook for WV Steam Coal

Despite State Tax Cut, Bleak Long-Term Outlook for WV Steam Coal CHARLESTON, W.Va. - The West Virginia Legislature has passed a 40 percent cut in thermal coal severance taxes, despite Revenue Department predictions that it would do little to change steam coal's steady decline. The long-term outlook is no better, said Carey King, a research scientist and assistant director of the University of Texas' Energy Institute. ...(Read More)
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