For Immediate Release

Organization Profile: 
Contact: 

New Report Bears Out Coals Continued Decline

WASHINGTON - Today, the Institute for Energy Economics and Financial Analysis released a new study which found that the coal industry continued to shrink in 2017, despite Donald Trump’s rhetoric during Tuesday’s State of the Union address and his continued efforts to undermine America’s fast growing clean energy economy. The report also predicted that same trend will continue through 2018 and that coal-fired electricity generation is increasingly uncompetitive and losing market share to energy resources like, solar, wind, and energy efficiency.

In response, Mary Anne Hitt, Director of Sierra Club’s Beyond Coal campaign, released the following statement:

“The Institute for Energy Economics and Financial Analysis’ report bears out what we’ve known for quite some time: coal is unpopular, it's uneconomic, and it isn't going to experience a comeback. The issue is no longer whether coal will continue to decline, it is how fast and what we can do to provide a transition for coal workers and communities."

###

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

The Sierra Club is the oldest and largest grassroots environmental organization in the United States. It was founded on May 28, 1892 in San Francisco, California by the well-known conservationist and preservationist John Muir, who became its first president. The Sierra Club has hundreds of thousands of members in chapters located throughout the US, and is affiliated with Sierra Club Canada.

Share This Article