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US railroad executive: Coal has no future

More and more signs are pointing to a bleak future for coal and even for oil.

Photo: RITZAU/AP/Patrick Pleul

Despite promises from US President Donald Trump to resuscitate the coal industry, railroad company CSX does not believe there is any future for fossil fuels, reports the Financial Times.

CSX is one of the largest haulers of coal in the US and was founded for work with black coal in the Appalachians. The freight company states that it does not intend to purchase a single locomotive to pull coal trains.

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