"When Joe Craft, the coal mining executive whose wife serves as President Trump's ambassador to Canada, was asked by financial analysts earlier this year what the White House could do to help the fortunes of the coal industry, he offered two ideas.
One: Subsidize struggling coal units in the name of grid resilience. And two: Revise EPA's New Source Review (NSR) program, which Craft said ties "into the need to really focus on the long term and our ability to build new coal-fired power plants."
"So No. 1, let's protect the fleet," the Alliance Resource Partners LP CEO continued. "No. 2, let's look to see if we can't replace our old — older, inefficient plants with newer, efficient plants so that we can have the lower-cost energy that would still be environmentally acceptable.""
Benjamin Storrow reports for ClimateWire August 22, 2018.
SEE ALSO:
"Greens Bombard EPA Bid To Overhaul Permitting Program" (Greenwire)
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