BTU - Solar Projects Mushroom on Coal Sites as US Tax Bonuses Lure Investment

Credit schemes provided by the 2022 Inflation Reduction Act (IRA) are causing solar projects to pop up across America. While the United States plans to phase out coal use in favor of renewable energy over the next couple of decades, the transition to clean energy will have a major impact on employees within the coal mining and coal-fired power plant segment.

U.S. jobs in the coal mining industry have been decreasing for some time and went down by 59% in the East and 38% in the West from 2008 to 2021, indicating a...

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