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A year after Trump's election, coal's future remains bleak

Reuters  |  WASHINGTON 

By Timothy GardnerWASHINGTON (Reuters) - A year after Donald Trump was elected president on a promise to revive the ailing U.S. coal industry, the sector's long-term prospects for growth and hiring remain as bleak as ever.A Reuters review of mining data shows an industry that has seen only modest gains in jobs and production this year - much of it from a temporary uptick in foreign demand for U.S. coal rather than presidential policy changes.U.S. utilities are shutting coal-fired power plants at a rapid pace and shifting to cheap natural gas, along with wind and solar power. And domestic ...

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First Published: Mon, November 13 2017. 12:21 IST
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