Wednesday, January 14, 2009

Economics, Politics and Business

Similar to what some of you mentioned, I am particularly interested in the interactions of energy issues in Appalachia in three major areas: economics, politics and business.

Energy is probably the next big thing for our generation - President Hennessy launched the $100 million energy institute the other day; the panel discussion that followed emphasized the tremendous importance of this sector and the accompanying breath of opportunities that will almost certainly follow.

To what extent can energy development in Appalachia play a part in this process? As Jimmy mentioned, West Virginia is one of the poorest states in the nation. My guess is that the coal industry will accelerate on its path to long-term decline, as this article (http://www.earth-policy.org/Updates/2008/Update70_timeline.htm) suggests. Is there some way for West Virginia to ride the Green Energy revolution?

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