Colorado Bill Would Create Bonds to Retire Coal Plants and Finance Worker Retraining

By [email protected] As coal plants and coal mines continue to shut down across the U.S., coal workers are getting hit hard. While the transition has brought lower-carbon electricity and cleaner air, it’s also meant lost jobs, company bankruptcies, and false political promises about revitalizing the industry.

One state is looking at a more proactive way to help coal workers transition to the new energy economy — by using private capital and the bond market.

Last week, a new bill was introduced into the State House in Colorado, called “The Colorado Energy Impact Assistance Act,” sponsored by Representatives Chris Hansen and Daneya Esgar (both

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