(Source: Reuters, January 13, 2020)
NEW YORK — U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters. The coal industry has been in steep decline for a decade due to competition from cheap and abundant gas and subsidized solar and wind energy, along with rising public concern over coal’s contribution to climate change.
Full story: Reuters
Tuesday, January 14, 2020