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Investor Presentaiton

AMERICAN JOBS IN ENERGY MANUFACTURING ACT As highlighted above, the American Jobs in Energy Manufacturing Act sponsored by Senator Manchin represents an estimated $1.7 billion investment in energy-related manufacturing in West Virginia's coal communities, including $1.2 billion in private investment and $520 million in tax credits. Importantly, these manufacturing investments would be steered directly to coal power plant and coal mining communities, resulting in the creation of an estimated 3,250-4,350 full-time manufacturing jobs in West Virginia, plus 9,300-12,400 indirect, non-manufacturing jobs in West Virginia. The American Jobs in Energy Manufacturing Act represents just one example of the additional job creation impacts that the American Jobs Plan could have in West Virginia's energy economy and coal communities above and beyond the positive employment and earnings impacts flowing from the energy resource mix changes that we modeled. BUILDING A WEST VIRGINIA ENERGY ECONOMY FOR THE FUTURE Last year, in West Virginia's Energy Future, we demonstrated that West Virginia's electric utilities can dramatically ramp up renewable energy in a cost-effective manner. We also stated that this ramp-up should be complemented with a federal reinvestment in coal communities and West Virginia's new energy economy. The American Jobs Plan, as well as Senator Manchin's Energy Infrastructure Act and American Jobs in Energy Manufacturing Act, represent exactly the type of federal reinvestment that would honor the historic contributions of our coal communities and secure a robust role for West Virginia in the energy economy of the future. As shown in this update, the American Jobs Plan would enable a Clean Innovation Pathway in West Virginia that achieves 80 percent emission-free power, reduces energy costs, creates jobs, and grows our economy. N WEST VIRGINIA'S ENERGY FUTURE BUILT BACK BETTER
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