Economists survey: Coal subsidies no benefit to state economy
A survey of Ohio economists indicates they are skeptical of the likelihood of coal subsidies benefiting the state economy.
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A survey of Ohio economists indicates they are skeptical of the likelihood of coal subsidies benefiting the state economy.
For the past few years, my firm Scioto Analysis has published a series of studies of Ohio’s Genuine Progress Indicator, a “GDP+” measure that monetizes the impact of environmental damage and external social benefits and costs of nonmarket activity in the state.
Coal subsidies passed in 2019 as part of a historically corrupt energy law are of no help to the state's economy, the vast majority of a panel of academic economists said in a survey that was released Monday.
Coal subsidies passed in 2019 as part of a historically corrupt energy law are of no help to the state’s economy, the vast majority of a panel of academic economists said in a survey that was released Monday. Of the 22 economists responding, 21 disagreed with the proposition that “subsidies for coal plants paid for through state-mandated rate […]
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