Who's Killing Coal: Obama or the Market?

More

Here in the United States, coal is in decline. It's producing the smallest percentage of our electricity since the 1970s, we're burning less of it overall, and prices have dropped drastically. 

One reason is that America is in the midst of a natural gas boom that's provided utilities with a cheap, efficient, and (comparatively) clean source of power. But some, including the Economist, have also pointed to Obama administration environmental regulations as hastening the switch. So what's really killing coal: the market or our current president? 

The market, says this graph from the Energy Information Administration. The chart breaks down America's electricity supply by source and the year it started operating. And here's the basic take-away: natural gas was trouncing coal all through the Bush administration. What we've seen under Obama has been the continuation of a trend. 

EIA_Power_Plants.png

None of this is meant to suggest that Obama-era environmental regulations haven't had any impact on coal. It is also quite plausible to argue that earlier regulations tilted the scales in natural gas' favor. And it's possible that the EPA's proposed limits on greenhouse gas emissions for new power plants might really turn out to be a de facto ban on coal, as some have suggested. 

But it's clear that coal's decline has been a long time in the making.

Jump to comments
Presented by

Jordan Weissmann is a senior associate editor at The Atlantic.

Get Today's Top Stories in Your Inbox (preview)

This Short Film Skewers Hollywood, Probably Predicts Disney's Next Hit

A studio executive concocts an animated blockbuster. Who cares about the story?


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

A Short Film That Skewers Hollywood

A studio executive concocts an animated blockbuster. Who cares about the story?

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Video

What Is a Sandwich?

We're overthinking sandwiches, so you don't have to.

Video

How Will Climate Change Affect Cities?

Urban planners and environmentalists predict the future of city life.

Video

The Inner Life of a Drag Queen

A short documentary about cross-dressing, masculinity, identity, and performance

Video

Let's Talk About Not Smoking

Why does smoking maintain its allure? James Hamblin seeks the wisdom of a cool person.

Writers

Up
Down

More in Business

Just In