America's largest private coal miner files for bankruptcy

"President Donald Trump's election in 2016 had raised hopes in the coal industry for a revival. The president moved swiftly to slash environmental regulations and even installed a former coal lobbyist to lead the US Environmental Protection Agency. But the deregulatory push has been overwhelmed by market forces. Coal just can't compete with cheap natural gas and the plunging cost of solar, wind and other forms of renewable energy."