President Trump has gutted regulations on the coal industry, falsely claimed that windmills cause cancer and installed a former coal lobbyist to lead the EPA. But coal just can't keep up with dirt-cheap natural gas and increasingly affordable renewables.
In the face of those efforts to rescue coal country, America's aging fleet of coal-fired power plants continues to shrink. New coal plants are not getting built.Trump's vow to rip up environmental rules has been overwhelmed by an even more powerful force: the free market. Coal just can't keep up with dirt-chip natural gas and increasingly affordable renewables.
New Jersey's largest and oldest power company, made its own carbon-free pledge in July. To get there, PSEG is retiring coal plants, investing heavily in offshore wind and fighting to keep nuclear plants alive. Coal's place in power sector is fadingThis trend is widely expected to continue.Natural gas and wind are expected to be the fastest-growing sources of US power generation through 2020, according to a recent forecast by the US Energy Information Administration.
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