“The fate of coal has been sealed, the market has spoken,” said Michael Webber, an energy expert at the University of Texas. “The trend is irreversible now, the decline of coal is unstoppable despite Donald Trump’s rhetoric.”
Trump has repeatedly promised to revive the fortunes of the coal industry, to the delight of voters in mining regions in states such as West Virginia, by repealing various clean air and climate regulations.
However, at least 50 coal-fired power plants have shut since Trump entered the White House in 2017. The falling cost of renewables and gas has caused coal to be dislodged as a favored energy source for utilities.
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