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Just 1 of 32 utilities in 26 states said Trump's rollback would affect their plans for coal.
Reuters contacted 32 utilities in 26 states that oppose Clean Power Plan. Just 1 said Trump's rollback would affect their plans for coal.
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Trump declares end to 'war on coal,' but utilities aren't listening http://reut.rs/2nCE5yR w/@nicholagroom @scottdisavino @rich_reuters
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Data Dive | Wed Apr 5, 2017 | 1:20pm EDT
Trump declares end to 'war on coal,' but utilities aren't listening
By Valerie Volcovici, Nichola Groom and Scott DiSavino | WASHINGTON/LOS ANGELES/NEW YORK
When President Donald Trump signed an executive order last week to sweep away Obama-era climate change regulations, he said it would end America's "war on coal", usher in a new era of energy production and put miners back to work.
But the biggest consumers of U.S. coal - power generating companies - remain unconvinced.
Reuters surveyed 32 utilities with operations in the 26 states that sued former President Barack Obama's administration to block its Clean Power Plan, the main target of Trump's executive order. The bulk of them have no plans to alter their multi-billion dollar, years-long shift away from coal, suggesting demand for the fuel will keep falling despite Trump's efforts.
The utilities gave many reasons, mainly economic: Natural gas - coal’s top competitor - is cheap and abundant; solar and wind power costs are falling; state environmental laws remain in place; and Trump's regulatory rollback may not survive legal challenges.
....
(Editing by Richard Valdmanis and Brian Thevenot)
Trump declares end to 'war on coal,' but utilities aren't listening
By Valerie Volcovici, Nichola Groom and Scott DiSavino | WASHINGTON/LOS ANGELES/NEW YORK
When President Donald Trump signed an executive order last week to sweep away Obama-era climate change regulations, he said it would end America's "war on coal", usher in a new era of energy production and put miners back to work.
But the biggest consumers of U.S. coal - power generating companies - remain unconvinced.
Reuters surveyed 32 utilities with operations in the 26 states that sued former President Barack Obama's administration to block its Clean Power Plan, the main target of Trump's executive order. The bulk of them have no plans to alter their multi-billion dollar, years-long shift away from coal, suggesting demand for the fuel will keep falling despite Trump's efforts.
The utilities gave many reasons, mainly economic: Natural gas - coal’s top competitor - is cheap and abundant; solar and wind power costs are falling; state environmental laws remain in place; and Trump's regulatory rollback may not survive legal challenges.
....
(Editing by Richard Valdmanis and Brian Thevenot)