States tend to spend, rather than save, federal fossil fuel disbursements, potentially making them vulnerable to economic transitions.
Most U.S. states are adding electricity generation capacity faster than capacity is being retired. Renewable energy adds the most capacity in 18 states.
The capacity to generate electricity has transitioned from coal to natural gas to renewable energy, a trend projected to continue.
The Office of Natural Resources Revenue recently proposed a new rule that would change the way federal coal is valued for royalty purposes. Will it hurt the industry? Yes and No.