Trump's fight for coal
A proposed grid resiliency rule would subsidise coal plants, at the cost of gas and renewables
A year into his first term, Donald Trump has shown that he intends to do more than simply end the "war on coal", and is leading a fight to restore its preeminence. His administration has ended a raft of Obama-era anti-pollution rules targeting coal plants. His Environmental Protection Agency is seeking to keep the proposed Clean Power Plan, which aims to slash power-related emissions by a third, from ever going into effect. The most forceful move yet to tip the market in coal's favour, however, is energy secretary Rick Perry's proposed "Grid Resiliency Pricing Rule", which would help prop up struggling coal, and to a lesser extent, nuclear power plants. The rule, which Perry has put forward
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells