Despite Federal Support, Economic Forces Are Driving the Future of Coal

Core Insights - The Trump administration has focused on reviving the coal industry through policy changes and executive actions, but market forces are driving a decline in coal usage in the U.S. energy market [1][2] - Coal's share of total energy consumption has dropped significantly from 50% in 1950 to only 9% in 2023, indicating a long-term decline despite government efforts [1] - A recent failed coal lease sale in Montana, which would have been the largest in over a decade, highlights the lack of interest in coal among utilities, who are increasingly turning to cheaper natural gas and renewables [2] Actions During Trump's First Term (2017–2021) - The Trump administration aimed to reverse Obama-era coal policies through various actions, including lifting the federal coal leasing moratorium and rescinding new valuation rules for coal royalties [3][4] Actions During Trump's Second Term (2025–present) - In April 2025, the Trump administration continued to promote coal through executive orders emphasizing its importance to national security and directing federal agencies to take supportive actions [3]