28 Feb '18, 5pm

Trump should take note: Backing coal won’t shrink the clean energy economy. https://t.co/eJ3teLH35Z

President Trump is trying to protect coal CEOs from competition by blaming clean air rules . But here's the reality: The market is choosing cleaner energy. Let’s start telling consumers and workers the truth. 3 key factors are weakening coal A recent report confirms conclusions by multiple studies that show three main factors have led coal to decline: Increased competition from cheap natural gas – accounting for 49 percent of the decline Reduced demand for electricity – accounting for 26 percent Increased growth in renewable energy – accounting for 18 percent Meanwhile, as a 2016 analysis shows , the coal industry made misplaced bets that left it with over-burdened balance sheets and facing bankruptcy. The result: American coal has been in decline for decades, and nothing the Trump administration can do will reverse that long-term trend. Coal jobs drop, clean energy jobs g...

Full article: https://www.edf.org/energy/real-story-behind-coals-trouble

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