Coal industry will never recover after coronavirus pandemic, say experts

I would forcefully argue to the contrary. Coal will stage a comeback as the COVID-19 crisis takes away governments’ ability to shove more money down the throats of insatiable RE developers. Pull the subsidies out and you can watch them shrivel and die. New Zealand has already announced that there is no money for RE. Others will follow suit. Also, economies need to retool and restructure as the full pain of the crisis will manifest itself over the coming months. When we are ready to go towards something like normal and look at the rubble of what our economies are, we need efficiency, safety, and competitiveness. We need energy thats there when you need it and not when the sun shines or the wind blows. Coal is cheap and reliable and it will come back, cleaner and more efficient than ever. Not as big as it once was but big enough.

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