S&P Global covered a new DOE report on fossil energy development in Appalachia region of Va., quoting Virginia AEE's Harry Godfrey that notes new direction of state toward clean energy. Read excerpts below and the entire S&P Global piece here. The story was reposted July 2 by CoalZoom.Com here.
A U.S. Department of Energy report encourages continued government intervention to help attract private investment into energy production and manufacturing in the Appalachian region. Few other regions have the potential for new growth "at a scale not seen since the Industrial Revolution," the DOE said in the report, released June 30. It casts Appalachian economic viability during the recovery from economic slump associated with the coronavirus pandemic as a key indicator for prospects for overall US economy...