Hechinger Report: “Coal Plants Are Closing. For Some Schools, That Means Lost Revenue and Fewer Jobs for Graduates”
RFF Fellow Daniel Raimi pulls from his research about local effects of the energy transition to discuss the future of community tax bases.
“It’s really simple: Schools stand to lose millions of dollars per year in dependable revenue,” said Daniel Raimi, a fellow at the think tank Resources for the Future who has studied how state and local governments rely on fossil fuels to stay afloat. But most transition policies focus narrowly on short-term employment, Raimi said...
“Everyone thinks about jobs every day,” he said. “We don’t all think about the source of our school funding every day.” “For counties facing imminent closure and large-scale cutbacks, if they haven’t been planning on this for a while, they most certainly will need help,” Raimi said.
