teabag09 wrote:
There are more coal cars pulling into Lambert's Point, Norfolk, Virginia than I've seen in the last 10 years. Of course it's going overseas but American coal is alive and well again. Mike
lHeck, more coal was used under Obama then now..
never the less the orange dip stick is spending mountains of our tax payer money trying to bring back coal.
More of the never ending government waste..
https://www.cbsnews.com/news/trump-says-coal-is-back-coal-consumption-just-hit-a-41-year-low/U.S. coal consumption last year dropped to its lowest level since 1978, according to the U.S. Department of Energy.
Demand for other energy sources, particularly natural gas, is taking market share from coal.
The Trump administration is investing millions in bolstering the coal industry despite shifts away from coal, including renewable energy.
President Donald Trump likes to tout coal, calling it "indestructible" and proclaiming that "coal is back." Around the U.S., use of the f****l f**l shows a different trend: Coal consumption is at its lowest level in more than 40 years.
That's according to the latest data from the U.S. Department of Energy, which on Monday said coal usage fell to 687 million short tons, its lowest since 1978. Production also fell to its second-lowest level since 1978, the agency said.
Most of that coal is used to produce electric power. Despite the decline in both production and demand, the Trump administration is investing in the coal industry, with the Energy Department on Monday pledging $39 million for research into improving the efficiency of coal plants.
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"The Trump administration remains committed to ensuring a coal-fueled power plant fleet that provides stable energy to the power grid," said Assistant Secretary for Fossil Energy Steven Winberg in a statement.
Bloomberg's coal pledge
Despite the Trump administration's efforts, coal consumption and production were higher during the Obama administration. The reason: Competing energy sources, especially natural gas, are now taking market share away from coal. The costs of wind and solar energy have also dropped sharply, with a growing number of states and cities embracing renewable energy due to concerns about c*****e c****e.
Slumping demand for coal hasn't been lost on some Trump administration critics. Former New York City Mayor Michael Bloomberg earlier this month pledged $500 million toward an effort to close all remaining domestic coal plants by 2030. His goal is to put the U.S. on a path toward 100% clean energy. Bloomberg noted that 51 coal-fired plants have closed since the 2016 p**********l e******n.
"Despite all the bluster from the White House, as a matter of fact, since Trump got elected the rate of closure has gone up," Bloomberg said.