Trump's support for coal collies with the economic reality of the market

The coal industry in the United States is renewed with the support of the White House. But this support is unlikely to reduce the economic challenges that have led to a long -term decline in the most polluted fossil fuel. During the week, US President Donald Trump praised a post on social media with ‘beautiful and clean coal’. His administration indicated that she was considering using emergency forces to start closed stations, and launched a wide campaign to reconsider US environmental standards. These movements coincide with a greater economic trend that can also help the sector, which is the high energy question of databases. Indeed, the power companies have expanded the time frame for the work of some stations nominated for closure, or they are currently studying. All this indicates that the United States can consume more coal in the short term. Nevertheless, the tone of the current administration’s speech seems slightly lighter than during the first presidential term Trump, and national coal -political support has since declined. Most importantly, experts believe that the sector still faces difficult challenges that can last for years. Clearview Energy Energy Partners, based in Washington, says: “Maliko, operators and developers of power stations do not think about their investments based on a specific administration period, but rather look at horizons ranging up to 10, 15 or 20 years in the future,” says Clearview Energy Partners based in Washington. The challenges for the coal industry in America have been expected for years. The challenges were not only a federal legislation and the pressure of public opinion to reduce emissions, but also came from competition with cheaper energy sources. Federal legislation has also increased operational costs. In 2024, coal -producing energy accounted for only about 15% of electricity generation in the United States, compared to more than 50% in 2001, according to the US Energy Information Division. In 2020, “Peabody Energy Corp”, the largest US coal mining company, was about to declare bankruptcy for the second time due to the decline in demand. Banks have also withdrawn from coal financing over the past few years for fear of investing in angry assets. Joe Biden administration has accelerated coal. US data shows that 71 stone loans will be closed by 2030. In an interview this month with “Bloomberg”, US Energy Minister Chris Wright said the Trump administration was working on a plan to reduce the closure of the stations, but that he did not reveal specific details, and he only said that the ‘public mechanism’ would be based on the market to bring about the current systems. “According to Josh Price, Capstone LLC, there are major challenges to revive the stations. To rest a closed station, capital investments are needed to recover, and it is not yet clear for those who will bear these costs. A short -term recovery in the use of coal will not reach. question due to artificial intelligence. The question is still increasing in India and China. In Japan, which is the only country in the group of seven that has not specified a final date to get rid of coal, the government believes that the disposal of ineffective stations needs an accurate study to maintain the stability of electricity supplies. In the United States, the question is how long political support can continue. A president who cares for the climate can return to the White House the earliest in January 2029. There is also an uncertainty about other industrial groups (outside coal companies) that can support the revival plans to revive this fossil fuels. Independent energy producers may not be enthusiastic about this idea, and the oil and gas sector prefers to support natural gas instead of coal, while facilities are still concerned about the impact of this on consumers, according to Josh Price of “Kabston”.