7 reasons why the coal industry will die anyway, Trump or no Trump

The Trump administration is repealing the Clean Power Plan and proposing to extend the life of the defunct U.S. coal industry by providing it with taxpayer-funded subsidies.

The world (or rather parts of it) experienced tremendous economic growth over the past one hundred years in large measure thanks to the use of coal for the generation of electricity. But that growth model has now moved into the annals of history never to return. Coal has been displaced by cleaner, cheaper and more effective forms of energy generation, indirectly because of the push of the Paris Agreement on climate change, but directly due to the many constraints emerging from the pernicious attributes of that geologically carbonized substance.

Read more at CNBC
Image: Kiril Havezov, freeimages.com

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