The forecast for total support on coal for general services in the US shows a decline from 2024 to 2028, with values dropping from $412.44 million to $385.24 million. Compared to 2023, where support amounted to approximately $420 million, 2024 experienced a decrease of around 1.8%. The decline follows a consistent pattern with a compound annual growth rate (CAGR) of approximately -1.7% over this period.
Future trends to watch for include:
- Potential regulatory changes impacting coal support.
- Shifts towards renewable energy sources could further decrease coal support.
- Economic factors possibly influencing support allocations in energy sectors.