"Trump Declares End To 'War On Coal,' But Utilities Aren't Listening"

"When President Donald Trump signed an executive order last week to sweep away Obama-era climate change regulations, he said it would end America's "war on coal", usher in a new era of energy production and put miners back to work.

But the biggest consumers of U.S. coal - power generating companies - remain unconvinced.

Reuters surveyed 32 utilities with operations in the 26 states that sued former President Barack Obama's administration to block its Clean Power Plan, the main target of Trump's executive order. The bulk of them have no plans to alter their multi-billion dollar, years-long shift away from coal, suggesting demand for the fuel will keep falling despite Trump's efforts."

Valerie Volcovici, Nichola Groom, and Scott DiSavino report for Reuters April 5, 2017.


"Bullish on Renewable Energy: Investors Argue Trump Can’t Stop the Revolution" (InsideClimate News)

Source: Reuters, 04/05/2017