Highlights Biden plan would decarbonize electricity by 2035 Trump’s efforts to save coal have largely failed New York — A Democratic victory in the approaching U.S. elections would accelerate the decline of U.S. thermal coal, Moody’s Investors Service Vice President and lead coal analyst Ben Nelson said in an Oct. 19 note. Receive daily email alerts, subscriber notes & personalize your experience. Register Now By placing “greening the economy” at the center of rebuilding the U.S. from the coronavirus pandemic, former Vice President Joe Biden’s energy policy platform “would have substantial negative implications for the thermal coal industry” in the U.S., Nelson said. Companies listed in the note as potentially impacted included Alliance Resource Partners LP, Arch Resources Inc., Consol Energy Inc. and Peabody Energy Corp. due to their “significant” production of thermal coal and negative ratings outlooks. Biden has promised that if elected, he would advance a $2 […]