Major Power-Plant Maker Quitting Coal

September 22, 2020

In what is called “a remarkable exit that will have far-reaching consequences,” General Electric, a world leader in the manufacture of coal-fired power plants, says it will —this despite Trump administration efforts to pump up the coal industry. It seems a case of the handwriting being on the wall. As a longtime environmental consultant recently laid out in Issues, coal has been declining as a power source for the past century, driven by an array of technological, social, and economic forces that affect energy markets.

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