Trump's Controversial Move to Prop Up Ailing Coal Industry
Summary
Defying economic trends and climate concerns, President Trump issued executive orders to prop up the ailing coal industry by keeping unprofitable coal power plants operational, portraying coal as the most reliable and powerful energy source despite the energy sector's shift towards cheaper alternatives like natural gas and renewables.
Key Points
- Trump signed executive orders to keep coal power plants open despite their declining economic viability.
- The energy industry has been moving away from coal for decades due to cheaper alternatives like natural gas and renewables.
- Trump dismissed concerns about climate change and claimed coal is the most reliable and powerful energy source.