Why Coal Is "Retiring" Faster Than Anyone Thought
Energy analysts are expecting coal to fizzle fast. John Iadarola, Jayar Jackson, and Brooke Thomas, host of The Young Turks, breaks it down. To get even more ...
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DONALD TRUMP PROMISE DURING THE ELECTION HE WAS GOING TO REVERSE BARACK OBAMA'S WAR ON COAL. IN THE END IT'S LOOKING LESS LIKE COAL IS BEING ATTACKED AND MORE LIKE IT IS DYING OF NATURAL CAUSES. IS INFECTED BY SOME COALY DIABETES. THE REASON I AM SAYING THIS IS A NUMBER OF ANALYSTS RECENTLY CAME TOGETHER AND THEY ARE TRYING TO UNDERSTAND WHAT THE ENERGY LANDSCAPE IS GOING TO BE IN THE NEAR FUTURE BECAUSE THERE ARE HUGE AMOUNTS OF MONEY. IF THE MONEY WAS ON FUTURE COAL PRODUCTION AND FACILITIES, THAT IS WHERE THEY WILL PUT THEIR MONEY BECAUSE THEY WANT TO GET RICH. BUT IT TURNS OUT THEY THINK THE ONLY OTHER GOING TO BE A LOT OF NEW PRODUCTION OF THAT FORM OF DIRTY ENERGY, WE ARE GOING TO BE RETIRING A LOT OF IT. ONE ANALYST SAID THIS. HE WAS ACTUALLY ONE OF THE MOST CONCERN...
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DONALD TRUMP PROMISE DURING THE ELECTION HE WAS GOING TO REVERSE BARACK OBAMA'S WAR ON COAL. IN THE END IT'S LOOKING LESS LIKE COAL IS BEING ATTACKED AND MORE LIKE IT IS DYING OF NATURAL CAUSES. IS INFECTED BY SOME COALY DIABETES. THE REASON I AM SAYING THIS IS A NUMBER OF ANALYSTS RECENTLY CAME TOGETHER AND THEY ARE TRYING TO UNDERSTAND WHAT THE ENERGY LANDSCAPE IS GOING TO BE IN THE NEAR FUTURE BECAUSE THERE ARE HUGE AMOUNTS OF MONEY. IF THE MONEY WAS ON FUTURE COAL PRODUCTION AND FACILITIES, THAT IS WHERE THEY WILL PUT THEIR MONEY BECAUSE THEY WANT TO GET RICH. BUT IT TURNS OUT THEY THINK THE ONLY OTHER GOING TO BE A LOT OF NEW PRODUCTION OF THAT FORM OF DIRTY ENERGY, WE ARE GOING TO BE RETIRING A LOT OF IT. ONE ANALYST SAID THIS. HE WAS ACTUALLY ONE OF THE MOST CONCERN...
