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The economic problems with coal include its high extraction and production costs, which can make it less competitive compared to cheaper and cleaner energy sources like natural gas and renewables. Additionally, coal is subject to fluctuating market prices and increased regulatory costs due to environmental regulations, which can further strain its economic viability. As many countries transition to greener energy, coal industries face declining demand and potential job losses, creating economic challenges in regions dependent on coal production.

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3w ago

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