President Trump Signs EO’s to Revitalize Coal Industry
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President Donald Trump signed a series of executive orders on Tuesday aimed at revitalizing the coal industry, fulfilling a campaign promise to restore what he calls “America’s energy dominance.”
Under the new executive orders, Trump said his administration is slashing “unnecessary” regulations on the natural resource and cutting longtime “discrimination” against the industry.
“The value of untapped coal in our country is 100 times greater than the value of all the gold in Fort Knoxx, and we’re going to unleash it and make America rich and powerful again,” Trump said during a press conference on April 8.
The changes to the “beautiful, clean coal” economy mark a departure from the Joe Biden’s administration, which aimed to reduce carbon emissions and shift toward renewable energy sources.
U.S. power consumption is on the rise. New technologies — including AI, crypto mining, and data-intensive digital services — are putting pressure on utilities to deliver more electricity around the clock.
While renewable energy capacity continues to grow, solar and wind alone may not meet the round-the-clock demands of server farms and industrial users.
Trump signed four energy-focused orders on April 8, directing the following actions and were not limited to:
• Directs all departments and agencies of the federal government to end all “discriminatory policies” against the coal industry. It will allow for new coal projects on federal land and will accelerate funding for new coal projects.
• Creates a moratorium on Biden Administration-era policies which targeted certain coal-fired power plants in an effort to save coal plants from closure.
• Promotes grid reliability and security by ensuring that federal grid policies are focused on “secure and effective energy production” and transmission.
• Instructs Justice Department to identify to fight unconstitutional regulations at state and local levels related to the coal industry.
Source: Newsweek
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