Coal Energy Declines for the First Time Since the Industrial Revolution

Thomas Schueneman

“Government leadership is critical to reduce risks for investors in the emerging sectors that urgently need more capital to get the world on the right track.”

Writing in ZME Science, Tibi Puiu writes that coal energy production and investment has taken a significant downturn in the past several years, especially in the US and EU, according to the International Energy Agency. 

Despite the rhetoric from the Trump administration to "bring back coal," investments in new coal-fired power plants has declined 75 percent in the past three years. 

But the transition away from coal and other fossil energy sources requires government leadership, which is not only lacking in the US, but the rest of the world as well.  

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Energy & Economics