ANWR Oil Draws Few Bids, Despite Trumpβs Push for βLiquid Goldβ

Β© Christopher Miller for The New York Times

Β© Christopher Miller for The New York Times
On Thursday, President Donald Trump announced his administration's latest attempt to prop up the US coal industry during an incoherent press event that randomly oscillated between energy issues and Trump's fixation with building and renovating monuments in DC. The energy portion of the events was also frequently disconnected from reality.
"Today we're taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal," said Trump, apparently unaware that coal is one of the most expensive means of generating electricity in the US.
With wind and solar power getting cheaper, coal has become the second-most expensive way of producing electricity, trailing only the cost of building a new nuclear plant. As a result, no new coal plants have been completed in over a decade, and coal has gone from powering over half the electrical grid to producing only about 15 percent of the nation's electricity. That's before the indirect costs of coal use are considered. It produces the most greenhouse gas emissions per unit of energy, releases dangerous particulates and chemicals into the atmosphere, and leaves behind ash that has high levels of toxic metals.


Β© Douglas Sacha

US president announces plans for two new coal plants, in Alaska and West Virginia, using Defense Production Act
Donald Trump is using wartime presidential authority to hand $700m to coal-fired power plants in the US, the latest move by the president to bolster what he called βclean, beautiful coalβ, despite it being the dirtiest of fossil fuels.
βToday, weβre taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal,β he said at a press conference on Thursday.
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Β© Photograph: Adrees Latif/Reuters

Β© Photograph: Adrees Latif/Reuters

Β© Photograph: Adrees Latif/Reuters
































