Raimi describes hardships of renewables transition

September 8, 2021 Casper Star Tribune

The transition towards renewable energy is necessary, but that doesn't mean it comes without hardships. In Wyoming, where the fossil fuel industry has thrived for many years, the state must find a new area for revenue according to Daniel Raimi, lecturer in public policy.

“There’s no income tax in Wyoming,” he said. “There are relatively low taxes for people on other sources, and that’s because coal, oil and gas have been paying the way. But that can’t last forever. And so the sooner the state starts to diversify its economy and diversify its revenue sources, the better.”