The U.S. coal industry exemplifies incumbent industry collapse: demand peaked in 2012, followed by sharp profitability decline as production site utility rates fell below 50 percent; within two years half of the sector's companies went bankrupt.
factualpending
Evidence Quote
“According to the Systemiq analysis, demand for coal peaked in 2012 followed by a sharp drop in profitability as production site utility rates fell to less than 50 percent. Within two years half of the companies in the sector went bankrupt.”
Created: 8/11/2026, 1:14:56 AM
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