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"Crying Carbon"

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JD400 Member Level  Monday, 01/23/17 12:00:03 AM
Re: the cork post# 31236
Post # of 37828 
"Crying Carbon"



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US coal industry to decline even further in 2017 — IEEFA
Cecilia Jamasmie | 3 days ago

Quote:
The report concludes with yet another gloomy note, arguing that the long-term outlook for the industry in every coal-mining region from now through 2050 is “poor” and predicts that more coal-fired power plants will close while utilities will continue to allocate capital away from coal.



http://www.mining.com/us-coal-industry-decline-even-2017-ieefa/

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Donald Trump 'can't cure the sickness' that's afflicting the US coal industry

Quote:
The U.S. coal industry has seen a wave of bankruptcies and mine closures in the face of falling demand, a global glut of coal, and international efforts to reduce carbon emissions. Trump has vowed to put coal miners back to work by easing regulations and ending Obama's moratorium on mining on federal land.

However, U.S. coal production has fallen not primarily because of regulations, but largely because it can't compete with cheap, cleaner-burning natural gas. Cheap coal from Wyoming has also put pressure on Appalachian miners.



http://www.cnbc.com/2017/01/19/donald-trump-cant-fix-us-coal-mining-industry.html

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and Now









The second edition












"Crying Carbon"






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Government Regulations the last of the independent Coal miners.

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MMgys Coal Series "Crying Carbon"



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