REUTERS/Valerie Volcovici - A faded sign welcomes drivers to Williamson, West Virginia, May 13, 2015. The coal industry is on life support in Williamson and surrounding Mingo County, battered by exhausted mines and competition from natural gas. Picture taken May 13, 2015
Lessons from the popular energy tax
August 14, 2015,
Many states have recently adopted severance taxes—ones that impose a cost on the extraction of a non-renewable resource like oil or gas—with fluctuating revenues. In this post, Barry Rabe looks at the case of the severance tax in Pennsylvania, and how resource-rich states can learn from previous examples.