Does thermal coal have a future under Trump?
9 December 2016
One of President-elect Donald Trump’s most high-profile campaign promises was to revive the declining coal-mining industry in the United States. He pledged to dig up "hundreds of years" worth of coal and loosen "unnecessary" environmental regulations he said had damaged demand for the fuel.
More than 50 coal-mining companies have filed for bankruptcy in the past five years. Many of these firms acknowledge that the advent of cheap gas from shale reserves has changed the landscape for thermal coal, but they equally blame the raft of regulations brought in by President Barack Obama.
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