Trumps Signs Pro-Coal Executive Orders ...Middle East

OILPRICE - Economy
Trumps Signs Pro-Coal Executive Orders
source : OILPRICE ( Middle East ) () 62
President Donald Trump signed several executive orders on Tuesday that should incentivize the construction of new coal power plants in the latest stark departure from his predecessor. “We're bringing back an industry that was abandoned,” Trump said, as quoted by Reuters. “We're going to put the miners back to work,” the U.S. president added. Coal power plants have declined as share of U.S. generation capacity over the years, especially with the influx of cheap natural gas. Coal plants currently generate a fifth of U.S. electricity,…

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