More Than 50 Coal Companies Have Been Wiped Out Since Trump’s 2016 Victory
Chris White
Tech Reporter
November 23, 2019 8:51 PM ET
Coal producers are still finding life difficult even as President Donald Trump is easing regulations on the industry.
More than 50 coal plants have shuttered since 2015, when Trump began campaigning to save the industry from former President Barack Obama’s so-called war on coal.
Trump has seen one of his biggest backers, coal tycoon Robert Murray, fall on hard times after his plant filed for bankruptcy amid the country’s changing energy mix.
One of the largest coal companies in the western U.S. closed Monday, making it among the more than 50 coal producers to shutter since voters elected President Donald Trump in 2016 on a promise to rescue the industry.
The Navajo Generating Station burned the last of its coal as the Arizona-based coal producer deals with the industry’s downturn, the Arizona Republic reported Monday. The mine that supplied the plant with coal closed in August, leaving Navajo with no other supply in the area.
This comes after a coal company headed by one of Trump’s biggest supporters filed for bankruptcy in October. Murray Energy announced on Oct. 29 that it reached an agreement to continue operating, with CEO Robert Murray relinquishing two of his roles in the company.
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https://dailycaller.com/2019/11/23/trump-coal-election/