Trump: Increase fossil fuel exports, relaxing offshore drilling rules (no renewables)

[Jimbo101]

ARS Technica

President Trump gave a speech about energy in the US today, highlighting six policy issues that will direct his administration’s energy policy for the time being.

The initiatives Trump talked about today were a hodgepodge of new announcements and old policy, focusing on nuclear energy and fossil fuel exports. Despite calling for energy independence, Trump’s speech steered clear of renewable energy like wind or solar. Trump has falsely stated that climate change is a “hoax” and has appointed officials with close ties to the fossil fuel industry to top energy posts.

The new initiatives Trump did talk about included reviving and expanding the nuclear energy sector, reducing barriers to financing coal plants in foreign countries, opening up a new petroleum pipeline to Mexico, pushing more exports of natural gas, opening a natural gas export terminal in Louisiana, and relaxing restrictions on offshore oil and gas drilling.

Bloomberg noted this morning that Trump would order a complete review of policies to pinpoint where the US government could roll back nuclear energy regulations. The nuclear energy industry is facing considerable hurdles these days; nuclear energy is more expensive than cheaper natural gas, and the US still hasn’t made any decisions on where waste from the plants will go. Trump’s statements today echoed comments by Energy Secretary Rick Perry earlier this week, who said he wanted the Department of Energy to “make nuclear energy cool again.”

[Turbineguy]

1. I wonder if anybody will actually follow that.

This could easily get overturned in a few months.

[MiddleClass]

2. Our dear leader is going to get gas prices down once and for all

Dear leader is going to spur businesses out of the doldrums and get the Dow Jones up to record levels.

Dear leader is going to get unemployment back down from these record levels oh 4%

lower restrictions on nuclear energy, because gas energy is to economical.

Isn't he just swell.

Oh wait…