Dirty Moves
Forbes Indonesia|July 2020
For generations, the Navajo relied on coal mining for good jobs and to fill the tribal co"ers. But with the end in sight for unclean power, the tribe created a company to get them through the transition—yet, unbelievably, it bought them more mines. How could the way out of coal be . . . more coal?
Christopher Helman
Dirty Moves

It’s a hardscrabble existence for many of the 175,000 Navajo who live on the 27,000 square miles of tribal lands that stretch across the borders of Utah, Arizona and New Mexico. The median household income hovers around $30,000 a year, and more than a quarter of homes have no electricity. In early May, the coronavirus was spreading so fast that New Mexico blockaded roads in and out of Gallup, the picturesque town on the edge of the Navajo nation known as the “heart of Indian country.” The pandemic followed a particularly tough winter for some families. In November, the Kayenta strip mine and the Navajo Generating Station it supplied, both on tribal lands, finished shutting down, eliminating 800 relatively high-paying jobs and a free source of coal used by many Navajo to heat their homes.

So now, the Navajo Transitional Energy Company (NTEC) trucks coal around the reservation. Tribe members queue to get a load dumped into their pickups from a Bobcat dozer. “They’d love to have a good job and a gas furnace. But it’s just not the reality,’’ says NTEC chairman Timothy McLaughlin, a 40-year-old attorney who grew up on the reservation and spent three and a half years as a federal environmental lawyer before turning to tribal law. It’s hard to worry about your carbon footprint, he adds, “when the alternative is freezing to death.”

この記事は Forbes Indonesia の July 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Forbes Indonesia の July 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FORBES INDONESIAのその他の記事すべて表示
BACK ON TRACK
Forbes Indonesia

BACK ON TRACK

Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.

time-read
10+ 分  |
December 2021
Championing Locals
Forbes Indonesia

Championing Locals

The wave of social commerce is enabling inclusive digital economies beyond urban areas.

time-read
6 分  |
December 2021
Boys in the Bubble
Forbes Indonesia

Boys in the Bubble

Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

time-read
6 分  |
December 2021
Enduring Relations
Forbes Indonesia

Enduring Relations

The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.

time-read
6 分  |
December 2021
Sweet Success
Forbes Indonesia

Sweet Success

Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.

time-read
5 分  |
December 2021
Marathon Man
Forbes Indonesia

Marathon Man

Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.

time-read
5 分  |
December 2021
Gold Rallies on Inflation Fears
Forbes Indonesia

Gold Rallies on Inflation Fears

During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.

time-read
2 分  |
December 2021
Set Off to A New Start
Forbes Indonesia

Set Off to A New Start

Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.

time-read
5 分  |
December 2021
The Daily Intake
Forbes Indonesia

The Daily Intake

YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.

time-read
4 分  |
December 2021
THE CROESUS OF CRYPTO
Forbes Indonesia

THE CROESUS OF CRYPTO

FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.

time-read
10+ 分  |
November 2021