As strict environmental regulations are being put in place, an estimated 13 gigawatts of energy from coal powered power plants are expected to be shuttered. Environmental groups have begun to challenge and placing significant legal pressure on coal plant owners. The pending regulations on coal emissions would slash the number of coal powered power plants by ⅓ by the year 2025.
Politicians are beginning to make decisions about coal after pressure from environmentalists. The decline of coal powered power plants in the US is significantly dropping as a result of the decrease in value of coal and increase in public policy against it. The demand of coal is decreasing and therefore the supply is ceasing.
Cunningham, N. (2015, May 28). Coal Facing Worst Year Yet in 2015 | OilPrice.com. Retrieved August 17, 2015.
It’s good to hear that politicians are listening to the environmentalists. It’s also good to hear that the demand for coal is decreasing so it is good these regulations are occurring. Hopefully by 2025 it will have decreased by more than 1/3, but I wonder if that will be true.