Some Mountain West states rely heavily on fossil fuel revenues to pay for schools, roads
A new Resources for the Future study examines how fossil fuels and renewable energy fund local government services in Mountain West states.
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A new Resources for the Future study examines how fossil fuels and renewable energy fund local government services in Mountain West states.
New Mexico is bracing for the possibility that a bonanza in oil income for the nation's No. 2 oil producing state will end if the world's thirst for oil falters. A Monday forecast for state government income includes a windfall from the oil and natural gas industry. It’s more money than the state can responsibly spend each year. The state is stashing away cash in investment trusts in hopes of sustaining critical programs when fossil fuels eventually run dry. The forecast cautions that slowing oil production and lower prices are expected to generate significantly less federal paymen...
New Mexico is bracing for the possibility that a bonanza in oil income for the nation's No. 2 oil producing state will end if the world's thirst for oil falters.
Despite getting a record $13 billion from fossil fuel extraction this year, New Mexico is trying to plan for a future where drilling doesn't exist.
In Carbon County, Wyoming — a county named for its coal deposits — a power company is building hundreds of wind turbines. In Mingo County, W.Va., where many small towns