Despite his repeated promises to do so, President Trump is unlikely to revive the coal industry through federal policy, and CEOs of electric utilities and coal mining companies know it.
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Environmental regulations didn’t cause coal’s decline — and rollbacks won’t save it.
TAGS: appalachia clean energy Climate change Coal coal companies bankruptcy Coal mining Duke Energy Energy Efficiency EPA Politics Trump administration
Major Coal Companies File for Bankruptcy
Both Arch Coal and Alpha Natural Resources are undergoing bankruptcy. Alpha was allowed to issue nearly $12 million in executive bonuses, even while it tries to avoid paying some retirees’ life insurance and health benefits.
