The economic fallout from COVID-19 took a serious toll on U.S. fossil fuel workers and communities. But well before the coronavirus pandemic arrived, the U.S. fossil fuel industry was under significant pressure as the country moves toward cleaner forms of energy.
The economic fallout from COVID-19 took a serious toll on U.S. fossil fuel workers and communities. But well before the coronavirus pandemic arrived, the U.S. fossil fuel industry was under significant pressure as the country moves toward cleaner forms of energy.
The fossil fuel industry is increasingly challenged by efforts to integrate climate priorities into the policy landscape, low-cost renewable generation, and investor concerns about financial risk. In the last year, the U.S. oil, natural gas, and chemicals industry has seen exceptionally fast-paced layoffs, and coal was declining rapidly even prior to the onset of COVID-19.
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