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Moody’s: U.S. coal consumption to drop below 500 million tons in 2020, outlook remains bleak

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Platts: Renewable facilities are expected to generate more power in the U.S. than coal-fired stations in 2020, a first for the course of a full year, driven by a decline in demand for coal units’ services due to the coronavirus pandemic, Moody’s Investor Services said June 18. While US power generation was down 5.4% year […]

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