WHC whitehaven coal limited

Target $9.36, page-3185

  1. 1,689 Posts.
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    Strewth!

    Daily Mail M Koenig 18.3.25 said

    "Trump to open 'hundreds' of coal-fired power plants to counter China


    ...In the decades since, many Americans have turned to renewable alternatives and cheap natural gas for power, as federal regulations raised the operational cost of coal production. Now, coal accounts for just about 15 percent of all power generated in the United States - down from more than 50 percent in 2000, according to the US Energy Information Administration. But in a Truth Social post late Monday, Trump announced that America's trove of coal-burning power plants will once again be operational...

    'After years of being held captive by Environmental Extremists, Lunatics, Radicals and Thugs, allowing other Countries, particularly China, to gain tremendous Economic advantage over us by opening up hundreds of all Coal Fire Power Plants, I am authorizing my Administration to immediately begin producing Energy with BEAUTIFUL, CLEAN COAL,' he [D. Trump] wrote...

    Trump's announcement came as 120 coal-fired power plants are scheduled to shut down over the next five years, in part due to environmental regulations that the America's Power trade group said made them uneconomic, Bloomberg reports. Keeping those power plants online could help lower energy coasts and supply energy to power-hungry data centers and artificial intelligence, administration officials have argued...

    It is believed Trump is now ramping up his deregulation of coal-fired power plants in an effort to compete with China. The country has relied on coal-fired power to surge manufacturing on an array of goods and drive its economic expansion. Yet even as China's annual Gross Domestic Product, in US dollars, jumped from around $361 billion in 1990 to around $14.7 trillion in 2020, its coal consumption quadrupled and carbon dioxide emissions more than tripled, according to Bloomberg...".



    Trump to open 'hundreds' of coal-fired power plants to counter China
    Last edited by Montalbano: 19/03/25
 
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