§5D-1-2. Purpose and intent

Published: 2015

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WVC 5D-1-2

§5D-1-2. Purpose and intent.

The Legislature finds and declares:

(a) That the long-term health and economy of the United States

will depend upon the availability of reliable sources of energy;

(b) That the state of West Virginia has abundant reserves of

coal, natural gas and other natural resources;

(c) That the economy of the state of West Virginia needs a

reliable and dependable market for the state's coal, natural gas

and other natural resources and the by-products thereof;

(d) That the state of West Virginia needs to encourage the

efficient utilization and disposition of by-products resultant from

the production of natural resources;

(e) That, with all due regard to the protection of the

environment and husbandry of the natural resources of this state,

the health, happiness, safety, right of gainful employment and

general welfare of the citizens of this state will be promoted by

the establishment and operation of coal fired electric generating

plants and transmission facilities and the establishment and

operation of natural gas transmission projects and/or other energy

projects; and

(f) That the means and measures herein authorized for the

financing, building and operation of the facilities described in

subsection (e) are, as a matter of public policy, for the public

purpose of the state.

Accordingly, the public energy authority created herein shall

be authorized to initiate such directives and take such measures as

may be necessary to effectuate the public purpose of this chapter.

Note: WV Code updated with legislation passed through the 2015 Regular Session

The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.