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America’s Other Coal Job, Ignored by Politicians, Is Dying Fast

  • Coal-fired power plants are shutting down or shedding staff
  • Trader sees coal ‘going to zero’; workers cite safety risks
Bloomberg business news

QuickTake: Trump Pushes Coal Revival

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A couple months ago, Donald Trump was cheering a new coal mine in Pennsylvania that will put 70 people to work -- good news for a president whose pledge to revive the industry helped get him elected. But a bigger group of coal workers has already suffered sweeping job cuts, and it’s bracing for more.

Coal-fired power plants employ more people than mines, and they’re shutting down all over the country. Cheap natural gas, the rise of renewables backed by tax credits, and subsidies for nuclear energy will likely combine to keep the trend going -- and leave more people like Lynnette Faje out of work.