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Obama "bankrupting" coal companies
#26
Quote:The Trump administration’s own data reveal coal isn’t coming back. Coal consumption in the United States is being blown away by wind, according to new analysis from the U.S. Energy Information Administration (EIA). And Trump’s trade war may be starting to worsen coal’s downward spiral.

The EIA projected on Tuesday that coal production will hit a four-decade low in 2019 and drop again in 2020. At the same time, renewable energy generation will soar over the next two years, led by wind power. In fact, the EIA projects that “annual generation from wind will surpass hydropower generation for the first time in 2019.” In 2020, wind will expand its role as the leading source of U.S. renewable power... 

Despite telling West Virginians last August, “The coal industry is back,” President Donald Trump has presided over a faster rate of coal plant retirements in his first two years than President Barack Obama saw in his entire first term.
Trump can’t stop coal’s death spiral, and his trade war may speed it up – ThinkProgress
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Obama "bankrupting" coal companies - by Admin - 04-17-2016, 10:50 PM
RE: Obama "bankrupting" coal companies - by Admin - 07-23-2019, 07:32 PM

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