WASHINGTON, D.C. - 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 uncompetitive, 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 .”
About the Sierra Club
The Sierra Club is America’s largest and most influential grassroots environmental organization, with more than 3 million members and supporters. In addition to helping people from all backgrounds explore nature and our outdoor heritage, the Sierra Club works to promote clean energy, safeguard the health of our communities, protect wildlife, and preserve our remaining wild places through grassroots activism, public education, lobbying, and legal action. For more information, visit www.sierraclub.org.