Economics
U.S. Coal Fall-Off Seen Foreshadowing Global Fossil-Fuel Pain
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The U.S. coal industry will probably never get the price rebound its struggling miners need as clean energy proliferates. This should serve as a warning for producers of other fossil fuels, a Carbon Tracker study said.
The “The U.S. Coal Crash” report, released Tuesday, argues that coal demand is undergoing a structural decline -- not a cyclical one -- that could befall oil and natural gas producers the world over in coming years.