
Fossil fuel company plans for fewer renewables, gets boost from Wyoming Legislature
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In Wyoming, electric utility PacifiCorp's draft 2025 plans show a shift away from renewable energy additions compared with last year, according to a new report.
Final plans are expected later this month, following industry wins during the state's legislative session. One new law passed by the Wyoming Legislature decreased the severance tax rate for surface coal from 6.5 percent to 6 percent, saving the industry about $10 million annually. A second creates a new fund, also $10 million, to support companies pumping carbon dioxide, a major greenhouse gas, into the ground in order to increase oil production.

Emma Jones, climate and energy organizer for the Wyoming chapter of the Sierra Club, said the moves are pushing the state in the wrong direction.
"What it's doing is providing an incentive for fossil fuel industries to continue to produce carbon dioxide," Jones pointed out. "What we've seen is that it's not increasing the number of jobs available for people and it's not making energy cheaper."
Jones added in Wyoming, tax breaks and extra funding to fossil fuel companies come at a cost to state beneficiaries, such as education and public services. According to the report, in 2023, the state's electricity generation profile consisted of about 71 percent coal-fired power plants, 21 percent wind and the rest was a mix.
Jones noted state officials fret Wyoming is becoming a "retirement community." She emphasized over roughly the past decade, the state ranked second lowest in the U.S. for job growth, at just 1 percent compared with the national average of nearly 14 percent.
"Our most important export today is not coal or natural gas, but jobs," Jones contended. "Skilled laborers, educated young people who are leaving the state for better opportunities elsewhere."
In its 2023 plan, PacifiCorp calculated two outlooks, one with high renewables and one with low. It projected higher renewables would mean about 10,000 more jobs than the alternative.