The new administration has promised to revitalize the coal industry in the U.S. A major part of this plan is to eliminate various regulations that hamper that industry. But the truth is that coal has lost ground for far more important reasons than regulation.
The world is increasingly united in the desire to reduce carbon emissions into the atmosphere. There is much emphasis on reducing and someday eliminating our use of fossil fuels, which is the main culprit in the situation we find ourselves in today. More and more we are embracing the use of renewable energy sources to produce electricity and we are starting to slowly move away from internal combustion engines to power our cars.