Tom DiChristopher: 30 March 2017
President Donald Trump‘s effort to roll back Obama-era climate change policies will not do much to improve demand for coal at America’s power plants, Royal Dutch Shell Chairman Chad Holliday said Thursday.
Coal’s use in U.S. power plants has been falling for years in the face of stiff competition from natural gas. Former President Barack Obama‘s initiatives to rein in the impacts of climate change have hastened the retirement of old, inefficient coal-fired plants and the switch to cleaner-burning natural gas.