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I was afraid that the new administration would follow through on its promise to increase American coal use and extraction. Fortunately, it has not. https://www
by philipkglass 8y ago
I was afraid that the new administration would follow through on its promise to increase American coal use and extraction. Fortunately, it has not.
https://www.eia.gov/outlooks/steo/report/coal.php https://www.eia.gov/outlooks/steo/report/coal.php
https://www.utilitydive.com/news/westmoreland-chapter-11-marks-4th-major-us-coal-company-to-declare-bankrupt/539273/ https://www.utilitydive.com/news/westmoreland-chapter-11-mar...
https://www.cbsnews.com/news/mission-coal-bankruptcy-marks-5th-coal-company-in-3-years/ https://www.cbsnews.com/news/mission-coal-bankruptcy-marks-5...
- beat 8y agoWait, are you saying Trump lied to them?
- philipkglass 8y agoIt's not a lie if you believe your own bluster. Pro-coal government action in other countries has managed to delay and diminish coal retirements there, so I wouldn't consider it impossible that it could happen in the USA too. I'm grateful that the economics are so steeply tilted against coal in the USA and that few politicians appear to have the stomach for large direct subsidies to keep coal plants profitable here.