Maybe I’m wrong about this, but I thought the decline of coal involved more than just environmental policies. Here in the Northeast we’ve seen coal displaced by natural gas as a preferred form of energy for power generation, as more and more Marcellus Shale projects come on line.No you are not... As an interested observer in the industry I noticed the grid coal / gas percentages have changed dramatically via the Fracking Revolution as Gas has a lower price point now.
Coal lost something like 5% points from 44% down to 39% that is a marginal decline of greater than 10%.
What is a shame is they have not found a use for the coal i.e. coal to oil via the Fisher Tropsch process to make "JP" fuels for our military and domestic airliner fleet.
When the eviro-morons go after natural gas and fracking like they have coal the same thing will happen. Coal would be the cheapest of all if it were not being bullied out of the business by these enviro-nazis