EnergyWatch

A part of Watch Media

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
BY

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted makes group changes again

Foto: Ørsted

The Danish power company shakes up its organization once again, now parting ways with offshore wind chief of many years, while also moving other profiles up the corporate ladder.

Ørsted declines Taiwan tender bid

Foto: Ørsted

Quite atypically, the Danish market leader publicly rejects to bid in Taiwan’s solicitation for 3GW offshore wind due to poor framework conditions. The green transformation will wilt if developers build uneconomic projects, says CEO.

Last platform now in position at Tyra site

Foto: Total Energies

After completing the voyage from Batam, Indonesia, the process module is now in position in the North Sea. Only one piece is now missing from the reconstruction project at the Tyra site.

Further reading

Related articles

Latest News

  1. Siemens Gamesa expands 5.X platform
  2. Neubert sees departure as "natural" in new Ørsted organization
  3. Last platform now in position at Tyra site
  4. Ørsted declines Taiwan tender bid
  5. TotalEnergies launches large-scale CCUS project in Belgium
  6. Ruptured Nord Stream 2 pipeline still leaking gas
  7. US company to invest big in Danish carbon storage
  8. Ørsted makes group changes again
  9. Ineos tightens security in North Sea
  10. Norway deploys national guard to protect several oil installations
  11. RWE strengthens US position with USD 6.8bn acquisition
  12. EU Commission permits German aid to coal plants reopening
  13. Aker Solutions, Siemens secure contracts for Vattenfall's Norfolk Boreas
  14. Machinists merge to accommodate heavier wind sector demands
  15. Equinor takes FID to build UK battery storage
  16. Tulsi Tanti dead at 64
  17. Last day on stock exchange for Maersk Drilling
  18. UK to order special ships for guarding subsea infrastructure
  19. Tesla notes supply chain issues, underperforms on Q3 deliveries
  20. Doubts raised on seabed as top pick for energy island

See all

Job

See all jobs

See all jobs