The CEO of the Indiana-based energy company Vectren talked up clean coal energy and job creation to students on the Ball State University campus today. As a Miller College of Business executive-in-residence, Carl Chapman says Americans use one quarter of the world’s energy – with only five percent of its population. Chapman spent most of his time making a case for clean coal energy.
Evansville-based Vectren is currently expanding their coal mining operations in the southern Indiana towns of Oaktown and Hazelton. 96 percent of energy used in Indiana is generated from coal, making the Hoosier state second in the nation for coal use. Chapman also urged students to think of energy jobs when they graduate. He says 45 percent of workers in the national energy and gas sector will retire in the next seven years. In Vectren’s own work force, 20 percent of employees will reach retirement age in that time.