Obama isn't killing coal. It's dying anyway.

New evidence shows that coal is being eclipsed by solar in a big way

Coal
(Image credit: (Luke Sharrett/Getty Images))

The Obama administration last month debuted a tough new environmental regulatory proposal that aims to reduce U.S. carbon dioxide emissions by 30 percent by 2030 from 2005 levels. The main mechanism for that reduction will be emissions limits on coal-fired power plants.

The proposal has won praise from environmentalist groups, not least because it indicates that the U.S. government is finally getting serious about the delicate (and politically unpopular) subject of climate change. But the proposal has led many, particularly conservatives and members of the energy industry, to label the president a job-killing "coal killer."

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John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk. Previously his work has appeared on Business Insider, Zero Hedge, and Noahpinion.