Group Looks For Ways To Help Coal
The Register-Herald, June 13, 2005
Coal
has displayed a Jekyll and Hyde personality in its
storied life -- known as boom and bust -- and lawmakers wondered Sunday why the
boom side can't take over for good.
In its organizational meeting, Finance Subcommittee C
agreed to look at all aspects of
"It's all pretty much on the table," promised
the chairman, Sen. Billy Wayne Bailey, D-Wyoming. "Hopefully,
by next January, we'll be there."
At the suggestion of Delegate Ron Thompson, D-Raleigh, the
panel agreed to visit deep and surface mine operations, likely in late summer or
early fall. Bill Raney, head of the West Virginia
Coal Association, agreed to set up visits by the committee.
Raney said the industry is "excited" to see a
special legislative panel formed to look exclusively at its business in
Raney reminded the lawmakers the special panel came about
because of the Legislature's decision to tack a 59-cent severance tax on coal to
pay the lion's share of a revenue stream for retiring the workers' compensation
liability.
Coal's contribution was couched in a projected annual
output of 144 million tons, he pointed out. The
last survey completed show a production of 153 million, so "we're just real
close to that threshold," the industry leader said. "We
feel it's imperative to do everything possible to make certain were mining and
selling 144 million tons," he said.
"It's becoming more and more difficult as you well
know. The reserves are getting thinner and we're getting further away from
transportation."
Raney disputed the notion that
Delegate Eustace Frederick, D-Mercer, himself a mining
engineer, moved the panel to take input from Marshall and West Virginia
universities, the Department of Environmental Protection, the Public Service
Commission -- any entity with needed information. "The
state is going to have to come up with some really innovative ways to stay
competitive,"
"Right now, the price of coal is high. But it
doesn't stay there. I've seen it go up and go down."
And, the committee accepted a motion by Sen. Sarah Minear,
R-Tucker, to meet more than once within a three-day interims session, if it's
deemed necessary.
The panel also wants the DEP to conduct a walk-through in
its permitting process -- long a thorn in the industry's side.
Raney said the process causes investors to shy from
pumping into operations, since they are uncertain when or if a proposed
operation can get off the ground.
"It's a huge part of it," he told Minear.
Delegate Richard Browning, D-Wyoming, alluded to the
industry's up-and-down reputation, noting there have been three major booms --
World War II, the 1970s, and the present. "I'd
like to know what's causing it," Browning said. "And
how it can continue."