Could a Trump Presidency Revitalise the US Coal Industry?

The United States is less than a week away from the next presidential election and many US coal miners are wondering how the results of the election will impact them. Each candidate has been courting the coal miner vote as it could make a big difference in coal producing swing states; such as, Ohio, Pennsylvania, Colorado, and Virginia. However, the candidates have very different views on how to best help coal miners. Clinton is focused on helping displaced miners with retraining programs, while Trump claims he could help to restore the coal industry and put miners back to work.

Wood Mackenzie maintains no opinion on the US election but we expect that revitalising the US coal industry would be a difficult task due to a variety of factors. The primary factors would be the new economic realities of coal competing with natural gas and improved efficiencies in coal production.  However, there are several steps a President Trump could take to stabilize the industry and slow its decline.

US coal employment and productivity and coal intensity

US coal employment and productivity and coal intensity

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