US coal use falling fast; utilities switch to gas
America is shoveling coal to the sidelines. The fuel that powered the U.S. from the industrial revolution into the iPhone era is being pushed aside as utilities switch to cleaner and cheaper alternatives.
The share of U.S. electricity that comes from coal is forecast to fall below 40 percent for the year the lowest level since the government began collecting this data in 1949.
Four years ago, it was 50 percent.
By the end of this decade, it is likely to be near 30 percent.
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Utilities are aggressively ditching coal in favor of natural gas, which has become cheaper as supplies grow. Natural gas has other advantages over coal: It produces far fewer emissions of toxic chemicals and gases that contribute to climate change, key attributes as tougher environmental rules go into effect.
Natural gas will be used to produce 29 percent of the country's electricity this year, up from 20 percent in 2008. Nuclear accounts for 20 percent. Hydroelectric, wind, solar and other renewables make up the rest.
http://finance.yahoo.com/news/us-coal-falling-fast-utilities-173126367.html