Trump Adviser Not Sweating Consequences of Promised Coal Boom
11 Aug 2016
One of Donald Trump’s top economic advisers on Wednesday said Trump can and should revive the coal industry if he’s elected president. But when asked how that would contribute to climate change, he offered several conflicting answers.
Stephen Moore, the chief economist for the Heritage Foundation, founder of the Club for Growth and adviser to Trump, said Trump isn’t being bombastic when he promises to revive the coal industry.
“I think he understates it,” Moore said in an interview with Morning Consult.
Trump has blamed government regulations, including the greenhouse gas-cutting Clean Power Plan for the coal industry’s demise. But he’s generally skimmed over the competition from cheap natural gas. Even some of the Obama administration’s top critics have acknowledged the coal industry can’t experience a true revival, especially considering that the Clean Power Plan hasn’t even taken effect yet. But Moore said he expects a boom to the coal industry, just by repealing the CPP and other Obama administration regulations.
In Trump’s first major speech on energy issues in May, he promised to “save the coal industry” within his first 100 days in office.
“You change that law, those companies ramp up quickly,” Moore said. “And we cannot just bring back the jobs that are lost. We can produce a lot more coal in this country.”
A prominent advocate for a flat-tax system and critic of President Obama’s economic and environmental policies, Moore was one of 13 men named to Trump’s “economic advisory council” last week. He co-authored a book on the benefits of fossil fuels, released in May, titled “Fueling Freedom: Exposing the Mad War on Energy.” And he told Morning Consult he had spoken with Trump over the phone as recently as Wednesday morning.
Tuticorin Thermal Power Station first unit resumes production
The first unit of Tuticorin Thermal Power Station (TTPS) resumed its production on Monday evening.
The unit had been kept in a standby mode since Saturday last. Production in this unit resumed at 6.15 p.m. on Monday, sources said here on Tuesday.
Currently, the first, second and the fifth units of the TTPS were functioning. The third and the fourth units had been kept in a standby mode. Each of the five units had a production capacity of 210 MW of power, sources said.
Source: The Hindu