Remaining in the deal to combat climate change will give US negotiators a chance to advocate for coal in the future of the global energy mix, companies including Peabody Energy says. The coal industry was interested in ensuring that the Paris deal provides a role for low-emission coal-fired power plants and financial support for carbon capture and storage technology, the officials said. As part of the deal, the United States committed to reducing its emissions by between 26% and 28% below 2005 levels by 2025. But since being elected, he has been mostly quiet on the issue, and administration officials have recently been asking energy companies for advice. Staying in the Paris accord could also face resistance from within Trump’s party.

Source: Otago Daily Times April 04, 2017 23:03 UTC