Despite the rise of cleaner energy sources, coal is experiencing a resurgence. Once the dominant fuel source in the early 20th century, supplying nearly 90% of the nation’s energy, coal faced declining demand with the emergence of petroleum and natural gas. Today, it still generates a substantial portion of electricity, and its importance is growing.
Several factors contribute to coal’s sustained role in the energy mix. It’s relatively easy and safe to transport, consistently cheaper than natural gas, and abundantly available. The industry regained prominence when natural gas prices surged and California faced blackouts. Policy changes, including easing pollution controls, further paved the way for a resurgence of coal-fired power.
While concerns persist regarding emissions, advancements in clean coal technologies aim to mitigate pollution. Mines shuttered in the 1990s are reopening, driven by demand for low-sulfur coal, which trades at premium prices due to its lower environmental impact. Companies are investing in properties that comply with Clean Air Act requirements, signaling a renewed commitment to responsible coal production.