U.S. coal power enters decline, prompting efforts to save it: report ...Middle East

Federal clean energy tax credits are accelerating a nationwide wave of coal plant closures, as those facilities can no longer economically compete. That’s driving a wave of state-level legislation and national rhetoric from the GOP aimed at keeping coal plants online. But cost concerns — as much as those around climate — mean that the carbon-intensive fuel is entering a period of long decline in the United States, according to the report by the nonpartisan Institute for Energy Economics and Finance Analysis. Americans can expect "an ongoing and deep restructuring of the U.S. coal industry as demand for the fuel continues to drop quickly," IEEFA found. Coal use by U.S. power pl

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