Why Donald Trump Can’t Save the Coal Industry

Xcel Energy's Sherburne County (Sherco) Generating Station, a coal-fired power plant, near Becker, Minnesota. Attribution: Sherco Generating Station

With a stroke of a pen on Tuesday, President Donald Trump set off a panic among environmentalists and celebrations in coal country in an executive order he proclaimed would lead to a “new era in American energy.” Everybody needs to calm down. The terror and revelry are not only premature, they’re based on projections for a…