Nope, burning coal was cheap a long time ago and allowed the people to accululate enough wealth to push for more coal (and brain-wash people to believe coal is cheap; and also how expensive renewables are). Just like the nuclear producers did decades ago to tell the tale of how there's no alternative to nuclear.
The actual reality looks like this. And if you think that you need to pay more for electricity to not destroy the planet that's already their propaganda having done their work.