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Recession speeds coal’s long-term decline
window.document.getElementById(‘post-7932′).parentNode.className += ‘ adhesive_post’;Reuters: Declining industrial electricity demand and an abundance of cheap natural gas will threaten coal’s status as the dominant U.S. fuel to generate electric power, even after the economic recession ends. Power companies are reducing use of coal plants because of declining demand from heavy industry, the economic sector hardest hit by the recession. The loss of industrial "baseload" looks long term, analysts and executives say. Natural gas-fired plants, easier to stop and start, …
Original post by miscellaneous