Trump on Pace to Do What Obama Couldn’t

Clean Coal Is Surging.

Pouring more cold water over prophecies of coal's terminal decline, the International Energy Agency (IEA) recently published its Coal Report 2017, which shows chatter about the fossil fuel's imminent demise as nothing more than wishful thinking. Coal is making a forceful comeback. Key markets such as China, India, and the United States show stronger than expected demand as well as in the developing world.

Coal consumption in the developing world is set to increase in the future. Global coal use will grow 0.5% every year for the next five years. The IEA states that levels of coal use will remain stable for at least the next decade. Trump has revived America's coal industry. The U.S. economy is surging, leading to higher demand and the opening of new coal mines.

India is a major advocate for clean coal technology and a driving force for the "clean coal alliance." It's coal-fired energy generation will increase by nearly 4% every 12 months in the years to come. Coal is the cheapest fuel to drive India's economic development. Chief economic adviser to the Indian government Arvind Subramanian repeatedly insists that coal will remain the country's primary source of energy over the medium term. Pursuing renewables at all costs is not a universally viable choice.

Trump climate change adviser George David Banks proposed a clean coal alliance designed to appeal to India, Australia, and other energy-starved countries in Africa and Southeast Asia.

MAGA!