SOLAR ENERGY IS KILLINGCOAL, despite Trump's promises
The rapidly falling cost of solar energy is going to make it difficult for President Trump to deliver on his promise to put coal miners back to work.
Trump has taken steps to ease the burden on coal country by ripping up environmental rules and pledging to withdraw the United States from the Paris climate accord.
But those deregulatory steps do little to offset the mounting long-term challenge that coal faces from cleaner forms of energy, especially solar.
By 2040, U.S. power generation from renewable energy is likely to skyrocket by 169%, according to a recent forecast from the research firm Bloomberg New Energy Finance. Coal-fired power is projected to plunge by 51% in the United States over the same period.
"The greening of the world's electricity system is unstoppable," wrote Seb Henbest, the lead author.
SOURCE: money.cnn.com
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