Good Monday Morning!
In the news today and from the weekend…
Coal:
- Fox Business reports Interior Secretary Doug Burgum discussed the coal industry and President Donald Trump’s recent executive order to help raise its production in an interview with FOX Business’ Kelly Saberi Friday.
- E&E Greenwire reports President Donald Trump called on his administration this week to save a coal-fired power plant in Arizona. But there’s a problem: The plant was shut down last month because it was too expensive to run.
- New York Times reports 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.
Mining:
- The Hill carries an op-ed which argues President Trump’s executive order to increase domestic critical mineral production has been interpreted as a pro-industry move or a nod to traditional energy sectors. It is both — but more importantly, it is a long overdue national security play.
World News:
- Argus reports President Donald Trump signed an executive order this week to revitalize the US’ maritime industries and workforce through public and private investments, incentivising shipbuilding and combating China’s dominance in the sector.
- Argus reports China will raise import tariffs on all US goods to 125pc, the country’s State Council said today.