The president issues executive actions designed to revive 19th century industrial mainstay to power 21st century economy.
President Donald Trump followed through with his pledge to boost the nationโs declining $28 billion coal-mining industry by signing four executive orders designed to keep coal-fired power plants operating and to encourage more mining to fuel accelerating electricity demand.
โThis is a very important day to me because weโre bringing back an industry that was abandoned despite the fact that it was just about the best, certainly the best, in terms of power, real power,โ Trump said in the White House before he signed four executive actions Tuesday on a stage shared with about 15 helmeted coal-miners in overalls.
Counting Tuesdayโs four coal-related directives, Trump has now issued 115 executive actions since taking office on Jan. 20, including about two dozen related to energy in implementing his policy to use the nationโs abundant fossil fuelsโoil, natural gas, coalโto generate affordable power while simultaneously exporting liquified natural gas to pare down the $37 trillion federal debt.
Those predecessor actions, eliminating more than 200 rules, regulations, and executive orders issued under the Biden administration, enabled the three coal-related orders issued Tuesday, which grant regulatory relief to 47 companies operating 66 power plants, โmaking them available for coal production almost in the immediate future,โ Trump said.
โWeโre slashing unnecessary regulations that targeted the beautiful clean coal,โ the president said. โWe will rapidly expedite leases for coal mining on federal lands โฆ and we’ll streamline permitting. We will end the government bias against coal.โ
Trump, after personally greeting nine senators and a dozen House representativesโall Republicans, most from energy-producing Rocky Mountain statesโsaid he would authorize the use of the Defense Production Act under his national energy emergency declaration โto turbocharge coal-mining in America.โ
The president also pledged that his administration โis going to do something thatโs very different. This was my idea from about 15 minutes before I got up here. Weโre going to give a guarantee that the business will not be terminated by the ups-and-downs of the world of politicsโ by โmaking it hellโ to rescind approvals for coal operations.
Under the orders, coal is defined as a โmineral,โ not as a โnonrenewable fossil fuel.โ Coal is an organic sedimentary rock formed from compressed plant matter over millions of years, not geologically considered a mineral.
Byย John Haughey