Demand for coal falls to 42-year low

(Source: CNN Business, October 10, 2019)

NEW YORK U.S. power plants are expected to consume less coal next year than at any point since President Jimmy Carter was in office, according to government forecasts released on Tuesday. Although Trump has tried to boost coal by slashing environmental regulations and installing a former coal lobbyist to lead the EPA, coal keeps losing ground to cleaner and cheaper alternatives. Power companies are rapidly retiring coal-fired power plants and replacing them with dirt-cheap natural gas and increasingly affordable renewable energy.

Full story: www.cnn.com

Monday, October 14, 2019
bentley@ble-t.org

http://www.ble-t.org/pr/news/headline.asp?id=55808

© 1997-2019 Brotherhood of Locomotive Engineers and Trainmen
http://www.ble-t.org