U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The coal industry in the U.S. has been in steep decline for a decade due to competition from cheap and abundant gas and subsidized solar and wind energy, along with rising public concern over coal’s contribution to climate change

- U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters.

The replacement of coal with power generation from natural gas and renewables has cut total U.S. carbon emissions in four of the past five years. Gas emits about half the carbon dioxide, a leading contributor to global warming, as coal. Still, since entering office in 2017, an estimated 39,000 MW of coal-fired power plant capacity has shut.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is how you keep coal miners and the renewable energy sectors both happy. Just TELL one group what THEY want to hear and DO what the OTHER group WANT you to DO.

Duh! At least the public is concerned about global warming. Trump certainly isn't! Better than 50% probability that whatever Trump says is a lie....

Lack of awareness to windmill cancer is the threat.

That’s a lie just like climate change

That's not what the gop says.

That explains why Trump said wind mills cause cancer, that's how he tries to revive coal, with lies.

“Beautiful beautiful clean coal” ~trump~

As a former working life long coal miner (retired) this is sad to me. I do know it is inevitable and necessary but regret that the opportunities I had will not be available to future generations.

And eu converting/closing coal plants doesnt help them for demand too .. And price ... 🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK abandons Trump as the US 'withdraw its leadership around the world' - Business InsiderDonald Trump's decision to assassinate Qassem Soleimani has triggered a major rupture between the US and its closest ally in the United Kingdom. Yes. The US must be punished. There was no advantage in killing General Suleimani. And know we know there was a second attack on an Iran General that failed. you all just want our money that makes sense... The US really shouldn't have elected this guy.
Source: BusinessInsider - 🏆 729. / 51 Read more »