February 4, 2019 Read More →

Coal Comeback? Coal at new low after two years under Trump

WKU|npr:

It’s been two years since President Donald Trump took office and began rolling back environmental regulations on the coal industry.

At a November rally in Huntington, West Virginia, the president took credit for a coal comeback in front of a cheering crowd.

“We’ve ended the war on beautiful, clean coal and we’re putting our coal miners back to work,” he said. “That you know better than anybody.”

The coal industry and its out-of-work miners have been important symbols for President Trump. But as Brittany Patterson reports, after two years under Trump more coal power plants are closing down and coal employment is at an all-time low.

Mine operators and independent contractors are required to report regular employment information to the Department of Labor’s Mine Safety and Health Administration, or MSHA. Preliminary figures for 2018 show 80,778 people were employed by mine operators and contractors. That’s a record low, and about a thousand fewer than were employed by coal in the last year of the Obama administration.

A report by the Institute for Energy Economics and Financial Analysis, an energy think tank, found cost is the biggest force in coal’s decline. Renewables and gas-fired generation continue to provide a cheaper and more flexible alternative.

Coal Comeback? Coal At New Low After Two Years Under Trump

Posted in: IEEFA In the News

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