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Foes poised to declare victory in ‘war on coal’ as investors, utilities flee energy source


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war-on-coal-foes-poised-to-declare-victory-as-inveWashington Times:

The war has been waged on several fronts for nearly a decade, and the aggressors are poised to declare victory over the wounded U.S. coal industry.

 

After powering the Industrial Revolution and helping to turn the U.S. into the world’s top economic power, coal now seems to be drowning in what environmentalists call a “deadly cocktail” — a rabid, politically potent anti-fossil fuels movement, the rise of cheap, abundant, relatively clean domestic natural gas and an Obama administration that freely admits it wants to decrease coal use in America through a host of new rules.

 

That near-perfect storm is taking its toll.Scissors-32x32.png


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