Trump Wants to Reverse Coal’s Long Decline. It Won’t be Easy.
Coal has been displaced by cheap and plentiful natural gas and the rapid growth of wind and solar energy — forces that President Trump will struggle to do away with.
It Is Happening Every Day, Every Where
Coal has been displaced by cheap and plentiful natural gas and the rapid growth of wind and solar energy — forces that President Trump will struggle to do away with.
The components used to assemble wind turbines are made by suppliers around the globe.
The added capacity for the year was the most from any single source in more than two decades.
To applause from oil and gas executives, Chris Wright said natural gas was preferable to renewable energy and climate change was a “side effect of building the modern world.”
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
Legal experts said the president was testing the boundaries of executive power with aggressive orders designed to stop the country from transitioning to renewable energy.
A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum.