A new report from the International Energy Agency says renewable energy is surging ahead, but natural gas demand could peak five years later than it forecasted last year.
“Progress is not measured by what we shut down but by what we build,” she said. “We do not need a movement defined by refusal; we need one defined by improvement, innovation and balance.”
Coal is being kept on life support, not because it’s the best or cheapest option, but because of political commitments to an industry long past its prime.
The investment, part of President Donald Trump’s America First Energy Agenda, marks one of the largest federal commitments to land restoration and economic revitalization in coal-producing regions.
U.S. Secretary of Energy Chris Wright announced the designation of coal used in the production of steel as a critical material under the Energy Act of 2020.
This decision permits the Navajo Transitional Energy Company (NTEC) to extract an additional 39.9 million tons of federal coal and supports 280 full-time jobs.