US coal is in deep trouble. "In the short term, the hot summer might increase electricity demand and bring some relief to the coal sector, but the longer-term outlook is down," said Luke Popovich, vice president of external communications for the National Mining Association (MMA). "It has not been a good year for coal, and the only good thing you can say about it is it cannot get too much worse." The list of woes besetting the sector is short, but their cumulative impact is dire.
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