Energy

Trump’s Energy Dominance Strategy Gains Traction At The UN

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Tim Pearce Energy Reporter
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One U.N. committee’s agenda aligns with President Donald Trump’s plan for American energy dominance to build cleaner coal power plants and distribute more U.S. energy and expertise.

The Committee on Sustainable Energy under the U.N. Economic Council for Europe assesses Europe’s energy mix and looks for ways to cut carbon production. One of the committee’s goals is lowering carbon emissions through better technology and not through restricting coal power, a key part of Europe’s energy mix, according to the U.N.’s website.

The committee’s goals are similar to Trump’s energy agenda being implemented by Secretary of Energy Rick Perry, the Washington Examiner reports.

“Carbon capture technologies are one of the most effective ways we can continue to leverage the sustainability of our Nation’s fossil fuel resources while advancing environmental stewardship,” Perry said in a statement Sept. 22 announcing a $36 million federal investment in carbon capture technology.

The U.S. Department of Energy (DOE) is working with the U.N. committee to implement the clean coal power agenda, according to Barry Worthington, executive director of the U.S. Energy Association and chairman of the U.N. Cleaner Electricity Production working group.

“I would say the Department of Energy is very engaged [with the U.N. Economic Council on Europe’s sustainability committee],” Worthington told the Washington Examiner.

The U.N. and the DOE are working together to reform lending practices for financial institutions such as the U.S. Department of the Treasury, World Bank, and European Bank for Reconstruction and Development.

Trump has already announced a reversal in U.S. lending policy from Obama-era practices. The Treasury Department is changing its rules for financing energy infrastructure development in other countries to encourage projects that use fossil fuels, according to the Washington Examiner.

“This is a complete turnaround from the previous guidance that precluded U.S. support for overseas coal financing and implemented a key section of former President Obama’s Climate Action Plan,” National Mining Association vice president for external communications Luke Popovich told the Washington Examiner.

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