A coal-fired power plant outside Delta, Utah. Photo: George Frey/Getty Images

2018 was the second-highest year for retirements of coal-fired power plants in the U.S. In the wake of plant closures, some communities are converting these facilities into production sites for lower-carbon energy sources.

Why it matters: Coal-fired plants have long been seen as economic boons for rural counties, despite the harmful effects of their pollution on local residents. Converting them can both mitigate job losses and help meet energy demands more sustainably.

Coal-fired electricity generation initially created jobs and allowed for modest improvements in health and quality of life, largely due to increased electricity access, according to a study from Carnegie Mellon and the University of Montreal.

  • However, the plants' long-term effects include elevated air pollution, higher infant mortality rates and lower housing values.

What's happening:

Between the lines: These facility conversions could attract younger workers and their families, which would bolster school attendance, support local businesses and preserve many of the plants' original benefits, but without the pollution.

What we're watching: Successful conversion projects will need to continue focusing on reskilling plant employees to avoid disrupting local economies.

Karen Clay is a professor of economics and public policy at Carnegie Mellon University’s Heinz College and Tepper School of Business.

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Cadillac on Thursday unveiled the Lyriq, the luxury brand's first all-electric model and GM's first consumer electric vehicle unveil since the Chevy Bolt several years ago.

Why it matters: It's the first reveal by GM of an electric vehicle that will use the company's new modular platform and Ultium battery system — technologies meant to underpin the 20 electric vehicles that GM plans to launch by 2023.

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Illustration: Aïda Amer/Axios

President Trump escalated his campaign to claw apart the Chinese and American tech worlds Thursday evening, issuing executive orders that threaten to ban both TikTok and massive global messaging app WeChat.

The big picture: Trump's orders come against a backdrop of heightening tension with China, the steady unfolding of a hard "decoupling" between the world's two largest economies, and the Trump campaign's effort to wave a "tough on China" banner.

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Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 19,128,901 — Total deaths: 715,555— Total recoveries — 11,591,028Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 4,884,406 — Total deaths: 160,111 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Trump floats executive action even if stimulus deal is reached.
  4. Business: U.S. economy adds 1.8 million jobs in July — Household debt and credit delinquencies dropped in Q2.
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  6. 1 🎮 thing: Video gaming growth soars.