Trump’s recent climate rule reboot will slow the decline in coal use over the last decade, but it won’t do much to reverse the shift toward more natural gas and renewables, reported credit-ratings giant Moody’s on Monday.
“We view the proposed approach as a less stringent form of regulation and much more moderate than the [Clean Power Plan],” the Moody’s analysis said. “As a result, we do not expect it to have much of an adverse effect, if any, on the operation or the economics of coal plants.”
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