Who remembers the “Trump Digs Coal” signs they’d hand out at rallies in WV and other coal states?https://www.bloomberg.com/news/articles/2019-10-29/biggest-private-coal-miner-goes-bust-after-trump-rescue-fails …
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Replying to @scrubsfan10 @andrewkimmel
Ok, so Trump would want all American companies, including coal companies to thrive, the market is still in control. Obama was intentionally trying to destroy the coal industry
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Replying to @jtkrpm @scrubsfan10
That is factually incorrect my friend. The demand for coal has been on the decline. Economically, it made zero sense to extract more coal.
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“The 40% decline in U.S. coal-fired power generation... was mainly driven by lower natural gas prices due to the shale revolution & stagnant U.S. electricity demand, & to a lesser extent by policy-supported growth in wind & solar generation.”https://www.brookings.edu/research/the-u-s-coal-sector/ …
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andrew.kimmel@gmail.com