The coal industry remains beleaguered, with challenges from all quarters domestic and international. In the U.S., strong competition from natural gas, stringent regulations and additional impetus to solar and wind power generation through the extension of tax credits are steadily luring away utility operators from coal.
Higher coal producing countries like Australia and Indonesia, and, importantly, a stronger greenback, are making the export market fiercely competitive for the U.S. coal players.
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