03-29-2017, 05:03 PM
It doesn't really matter, in my opinion, whether one believes that climate change is man-made or not. Coal is on the way out because better, cheaper, more efficient, and cleaner sources of energy are on the rise. That's where the new jobs will be created.
2016 was the first year in which natural gas produced more electricity than did coal, according to Energy Department figures. About 35% of electricity came from burning natural gas, while coal, which used to produce half the nation's electricity, only produced 30% last year. Another 19% came from nuclear power while 15% came from renewable sources.
Ref: http://money.cnn.com/2017/03/28/news/eco...er-plants/
Robert Murray (a sharp critic of Obama), founder and chief executive of Murray Energy—the nation's largest privately held coal mining company—told the Guardian that many mining jobs were lost to technology and competition, rather than regulation.
Trump can't really change that, Murray said. "I suggested that he temper his expectations. Those are my exact words," Murray said. "He can’t bring them back."
Another industry expert, Ted O’Brien, a coal analyst at energy industry research firm Doyle Trading Consultants, told The New York Times just after the November election: "I don’t think the Trump presidency will have a material impact on bringing coal miners back to work. He may eliminate the regulatory overhang... but I have a hard time seeing a surge in coal demand." Ref: http://www.newsweek.com/trump-cant-bring...obs-574766
2016 was the first year in which natural gas produced more electricity than did coal, according to Energy Department figures. About 35% of electricity came from burning natural gas, while coal, which used to produce half the nation's electricity, only produced 30% last year. Another 19% came from nuclear power while 15% came from renewable sources.
Ref: http://money.cnn.com/2017/03/28/news/eco...er-plants/
Robert Murray (a sharp critic of Obama), founder and chief executive of Murray Energy—the nation's largest privately held coal mining company—told the Guardian that many mining jobs were lost to technology and competition, rather than regulation.
Trump can't really change that, Murray said. "I suggested that he temper his expectations. Those are my exact words," Murray said. "He can’t bring them back."
Another industry expert, Ted O’Brien, a coal analyst at energy industry research firm Doyle Trading Consultants, told The New York Times just after the November election: "I don’t think the Trump presidency will have a material impact on bringing coal miners back to work. He may eliminate the regulatory overhang... but I have a hard time seeing a surge in coal demand." Ref: http://www.newsweek.com/trump-cant-bring...obs-574766