During last year’s presidential election campaign in the United States, Donald Trump pledged to ‘bring back coal’ by rolling back environmental regulations, including the proposed Clean Power Plan and various restrictions on mining and waste.
His promises were dismissed by environmental advocates, and even coal industry executives expressed some scepticism that Trump could reverse the decline in coal production and consumption.
Yet nine months into Trump’s presidency, US coal output is rising. However, it appears that coal’s revival owes more to market fundamentals...
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