Wednesday, May 16, 2018

Trump mulls new global institution to promote fossil fuels

Zack Colman, E&E News reporter

The Trump administration is considering forming "a new, central institution" to advocate for natural gas and coal technology and exports, according to a document E&E News obtained from an administration source. The draft talking points on a "Clean and Advanced Fossil Fuel Alliance," which were labeled pre-decisional, build on what had to this point been described as a loose affiliation of countries the United States is courting. The idea arose in response to a coalition of nations that pledged to phase out coal-fired power at last year's U.N. climate talks in Bonn, Germany (E&E News PM, Dec. 11, 2017). Scientists, policymakers, industries and innovators would participate in the envisioned institution to "explore the vast potential of clean and advanced fossil fuels, specifically clean coal and natural gas," according to the document. The need is described as "particularly important as many nations seek aggressive energy policies, which call for the decreased reliance on traditional baseload capacity" through "narrowly focused and often unrealistic policies within international energy fora." The source said agency chiefs were meeting at the White House today in part to discuss the proposal. The White House did not respond to a request for comment...MORE

No comments: