ST Alpha - "This is as blatantly a political move rather than practical move as there is. The markets are saying coal makes no sense. It's not government " (Reading a Post)

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In response to "President Trump: “I will work to ensure that America remains the world’s leader on environmental issues”" by Spawn

This is as blatantly a political move rather than practical move as there is. The markets are saying coal makes no sense. It's not government

Posted by pmb (aka pmb) Jun 1 '17, 13:49

regulation that's killing coal, it's cleaner, cheaper alternatives. But Trump sees the coal miner as his core constituent, so he's trying to keep them rabidly on his side while in reality they're dying anyway.

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"There are fewer coal miners than you might realize" -- (link) - zork Jun 1, 13:58 1
- I'm well aware of that. I'm not sure he is. But moreso he's made them the symbol of his core constituency, so appearing to work on their behalf - pmb Jun 1, 14:06

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This is as blatantly a political move rather than practical move as there is. The markets are saying coal makes no sense. It's not government

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