Trump won't be able to reverse coal's fortunes
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Austin, Texas
DONALD Trump made many important campaign promises on his way to victory. But saving coal is one promise he won't be able to keep.
Many in Appalachia and other coal-mining regions believe that President Barack Obama's supposed war on coal caused a steep decline in the industry's fortunes. But coal's struggles to compete are caused by cheap natural gas, cheap renewables, air-quality regulations that got their start in the George W Bush administration and weaker-than-expected demand for coal in Asia.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore