A BRIGHT ECONOMIC FUTURE FOR THE MOUNTAIN STATE #WVBrightFuture A Roadmap for Sustainable Economic Development in West Virginia L. Jeremy Richardson Union of Concerned Scientists 6 Study Areas Northern WV: 29 Northern App counties Non-Mining counties Southern WV: Central App counties 7 Questions? JRichardson@ucsusa.org Research Questions • What factors will impact coal production in the coming decade, and how will WV be affected? • What are the employment trends in the mining industry for the state? • How are different parts of WV (which mine different types of coal) vulnerable to these changes? 16 Pressures on Coal • • • • • • • Low Natural Gas Prices Environmental Regulations Declining Productivity Competition with Other Regions Competition with Renewables and Efficiency Economic Recession and Excess Capacity Climate Change Policy 17 Methods • Considered different EIA scenarios for coal production through 2020 • Estimated WV production based on average from previous three years • Conducted multi-regional analysis using an input-output model to gauge employment and output impacts 18 Results: Statewide Economy