Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

The End for Coal Gets Closer


In 2020, Americans used 447 Million Short Tons, to distinguish from Metric Tons, of Coal. That's enough to fill Four Million Railroad Cars, wich sound a lot. But it's also the Country's Lowest annual Coal consumption since 1965, and even that barely hints at the Historicalterritory Coal may soon explore. A few more years at the Downward pace of the past Decade, and U.S. Coal use will reach levels last seen in the 19th Century.

This year Coal is getting a respite as a roaring economic recovery boosts Electricity demand after last year's Pandemic-induced drop. The U.S. Energy Information Administration is Forecasting a 12% Incrase in Coal consumption for the year and a slight Increase in 2022. After that, its hard to see what could stand in the way of a resumption of the Decline, which averaged 5% a year in the Decade before the Pandemic.

Most of the Market-Share loss so far has been to Fracked Natural Gas, but the combination of Cheap Wind and Solar Power plus better Batteries will likely push Coal's continued Decline. Trump's Pro-Coal Policies Failed to Slow its Downward spiral. President Biden's Climate Policies will aim to accelerate it. By 2030, its forecast, Electricity generated from Coal will have fallen to about Half of 2020's Depressed level.

Coal became the Country's Primary Energy source in the late 1880s, displacing the Forest-Destroying practice of burning Wood. It ceded the Top spot to Petroleum in 1950 but enjoyed a late-20th Cenury renaissance as the Primary Fuel for Power Plants. Now its long and useful, if Environmentally Costly-run in the U.S. would seem to be nearing the End.

Employment in U.S. Coal Mining Peaked long before Coal Consumption did, hitting a High of 863,000 Workers in 1923. In 2007, when Coal use Peaked, it was 77,000. In March 2021 it was 43,600.

U.S. Coal use fell at a 5.3% Annual pace during Obama's Presidency and at a pace of 10.1% during Trump's.

Of the Coal comsumed in the U.S. in 2020, 91% was burned to generate Electricty, with almost all the rest used for Steelmaking and other Industrial purposes.










NYC Wins When Everyone Can Vote! Michael H. Drucker


    
 
 


This post first appeared on The Independent View, please read the originial post: here

Share the post

The End for Coal Gets Closer

×

Subscribe to The Independent View

Get updates delivered right to your inbox!

Thank you for your subscription

×