U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

U.S. | 6/7/2017 | Scott DiSavino
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(Reuters) - U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters.

Power companies retired or converted roughly 15,100 megawatts (MW) of coal-fired electricity generation, enough to power about 15 million homes, according to the data, which included preliminary statistics from the Energy Information Administration and Reuters reporting.

Record - MW - Shut - President - Barack

That was second only to the record 19,300 MW shut in 2015 during President Barack Obama’s administration.

The replacement of coal with power generation from natural gas and renewables has cut total U.S. carbon emissions in four of the past five years. Gas emits about half the carbon dioxide, a leading contributor to global warming, as coal.

Coal - Industry - Decline - Decade - Competition

The coal industry has been in steep decline for a decade due to competition from cheap and abundant gas and subsidized solar and wind energy, along with rising public concern over coal’s contribution to climate change.

Trump has downplayed climate change threats and sought...
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