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CSX CEO says it will buy no more cars or locomotives for dying coal transport
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<p>[quote user="RME"]In particular I would like to hear opinions on the division between coal use 'dying off' for financial or operational reasons and coal use being killed off by effective political actions.[/quote]</p> <p>I think in the end economical reasons will accelerate the demise of coal. But included are cost caused by regulation starting in the 1970s with the Clean Air Act.</p> <p>Here is an interesting read about the development of coal including the influence of Clean Air Act regulations.<br /><a href="https://siepr.stanford.edu/research/publications/what-killing-us-coal-industry">https://siepr.stanford.edu/research/publications/what-killing-us-coal-industry</a><br /><br />The Mercury and and Air Toxic Rule of 2011 was already required in 1990 Amendments of the Clean Air Act. At least the proposed Clean Power Plan had no influence as it hasn't been implemented yet.</p> <p>It is at least one perspective.<br />Regards, Volker</p>
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