The forecast for US tax expenditure on coal indicates a consistent decline from 2024 to 2028, with figures shrinking from $406.76 million to $147.88 million. These forecasts reflect a significant downward trend as opposed to earlier years where actual data till 2023 averaged higher expenditures. Year-on-year variations highlight this reduction, with declines of approximately 16.1% between 2024 and 2025, followed by continued downward trends of approximately 19.1%, 23.4%, and 30.1% in the subsequent years. The CAGR for this period showcases an average annual decrease, pointing to diminishing reliance and subsidies towards coal sectors.

Future trends to watch for include:

The increase in investment and policy support for renewable energy as sectors pivot away from coal.
The potential for regulatory and environmental policies to further accelerate the decline in coal-related expenditures.
Technological advancements that could alter energy production and demands.