Reinvigorating America's Beautiful Clean Coal Industry and Amending Executive Order 14241
1. Purpose
This executive order aims to prioritize coal resources and leasing on public lands, while addressing the economic and national security implications of coal production amidst transitioning energy policies.
2. Key Actions And Directives
- Prioritize Coal Leasing: The Secretary of the Interior and Secretary of Agriculture must prioritize coal leasing and expedite related activities on public lands.
- NEDC Coal Designation: The Chair of the National Energy Dominance Council (NEDC) is tasked with designating coal as a 'mineral' for benefits under Executive Order 14241.
- Report on Coal Resources: The Secretary of Energy is required to report on coal resources, impediments to mining, and their impact on electricity costs within a specified period.
- Review Regulations on Coal Investment: Agencies financing energy projects need to review regulations to ensure they encourage investment in coal and coal-fired projects.
- Assess Coal in Steel Production: Determine if coal for steel production qualifies as a 'critical material' under the Energy Act of 2020.
- Accelerate Coal Technology Development: The Secretary of Energy must expedite coal technology development and submit a detailed plan to the President within 90 days.
- Regulatory Guidance Review: Relevant agencies must identify and potentially revise or rescind regulations transitioning away from coal.
3. Important Points
- Economic and National Security: Coal is deemed essential for U.S. national and economic security, with an emphasis on increasing domestic production.
- Investment Encouragement: The order pushes federal agencies to ensure regulations do not hinder investments in coal-related energy projects.
- Coal's Role in Future Energy Demands: The order seeks to secure lower living costs and meet electrical demands from emerging technologies by bolstering coal production.
- Legal and Budgetary Clarity: General provisions safeguard the order from infringing upon the legal authority or budgetary functions of agencies.
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