Utilities see more upside in relatively cheap solar cells than expensive new coal-burning plants. That’s despite the Trump administration’s efforts to boost coal as a source of electricity.
In the month since the war in Iran began, the global price of coal has jumped more than 20%.
Proving that alternative uses for coal are viable is no small feat, but perhaps the trickier task is shifting coal’s negative reputation.
Trump has frozen Biden-era funds to upgrade a steel mill in Middletown, Ohio, where residents complain about persistent pollution.
Back in 2005, we burned a lot of coal to keep the lights on in the U.S. That’s been replaced by natural gas and renewables.
Renewable energy is simply cheaper.
We’re likely to continue our all-of-the-above approach that includes fossil fuels and renewables, with price a key factor.
The International Energy Agency now expects coal demand to peak in 2027.
As coal plants around the country are retired, communities have to fund ways to rebuild.
Emissions worldwide hit a record high last year. But at the same time, more renewables have been coming on line.
