Coal Demand Falls

· Publifye AS
E-knjiga
62
Stranica
Ispunjava uslove
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Coal Demand Falls explores the dramatic decline of the U.S. coal industry during the 1930s, a period marked by the Great Depression and the rise of alternative energy. It examines the economic, historical, and social factors that contributed to this industrial downturn.

The book argues that the fall in coal demand was not a simple economic cycle but a structural shift, accelerated by technological innovation like electrification and increased competition from oil and natural gas. It showcases how the industry, once a cornerstone of the American economy, faced obsolescence, impacting mining communities and the broader energy landscape.

The book meticulously analyzes shifts in energy markets, highlighting the vulnerability of resource-dependent economies. For instance, the electrification of homes and factories significantly reduced coal consumption.

The study uses primary source data, including production statistics and government reports, to provide a nuanced understanding of the challenges faced by coal miners.

The book progresses by first establishing coal's pre-1930s dominance, then analyzing the weakening demand across sectors, and finally assessing the long-term consequences on mining communities, providing lessons applicable to today's energy transitions.

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