Posted on 05/27/2017 2:23:31 AM PDT by Altura Ct.
White House National Economic Council director Gary Cohn, a former Goldman Sachs banking executive, has reopened the U.S. government’s war on coal in direct contravention of directions from President Donald Trump.
“Coal doesn’t even make that much sense anymore as a feedstock,” Cohn said in Europe on Air Force One, while speaking for the White House to the press, the New York Times’ Brad Plumer noted.
“Natural gas, which we have become an abundant producer, which we’re going to become a major exporter is, is such a cleaner fuel,” Cohn continued.
Cohn’s comments against the coal industry come as he has attempted to steer President Trump in a direction against his campaign promise to remove the United States from the Paris Climate Accords, a deal that Sen. Rand Paul (R-KY) has told Breitbart News would cost at least six million American jobs. Paul and 21 of his GOP U.S. Senate colleagues have written to President Trump urging him to follow through on his pledge to remove the U.S. from the job-killing deal and stand up for the coal industry in the United States.
Trump repeatedly campaigned on defending coal workers—people previous presidents and his Democratic opponent former Secretary of State Hillary Rodham Clinton worked to undermine. Former President Barack Obama’s administration—was brutal to the coal industry—something Clinton campaigned on continuing.
As the Trump administration has made great strides in rolling back job-killing regulations on the coal industry, moving the government out of the way, President Trump announced to the American people back at the end of March that “the war on coal is over.”
But it seems the war on coal is being relaunched by his economic adviser Cohn, who now calls coal obsolete and unclean.
(Excerpt) Read more at breitbart.com ...
This asshole isn't going to be around much longer. Trump will see to that.
The coup has been going on way too long, perhaps irreversibly so. We need to see arrests and firings this week!
The big prize that his Goldman Sachs masters would really want is carbon credits and a carbon exchange that would fuel a new generation of Goldman growth and hegemony.
So staying in the Paris Accord and trashing coal could be seen as first steps toward that. After all, Goldman accelerated payments of $275M to Cohn to nudge him in to “public service”.
I have some advice for President Trump:
DUMP HIM!
And everyone else in your administration that is not on board with your program!
This big turd has to go. He is also trying to push climate change crap on Trump.
This jerk and his cohort Dina Powell need to be shown the door!
Being an advisor, he can’t launch a war on anything. Wouldn’t make much hash of this - but some will because they have so many “concerns”.
Javanka and Cohn are Demorats destroying this admin from within and need to leave .
You have two WH now.
It can't stand .
I suspect Reince P own staff is just as awful .
One of them a Never Trumper was already fired.
Your right it’s that carbon credit scam GS been pushing for decades that his real motive .
Goldman Sachs is the jewel in the crown of American crony capitalism.
The revolving door between government positions of influence and power and
Goldman Sachs needs to be weld shut, barricaded, and manned with armed guards in-perpetuity.
The people in the coal industry were important in Trump’s win last year. I hope DJT remembers that, appreciates loyalty as much as people say he does, and tells Cohn, et al., to knock it the hell off.
Cohn, Powell, Gorelick... WHY are they in a Trump White House?
Wood no longer makes sense as a feedstock
Absolutely. Get rid of him.
It will not end well unless Cohn and Powell are gone .
j
It will not end well unless Cohn and Powell are gone .
j
Coal has some excellent and unparalleled advantages in a number of industrial uses.
For one thing, it is the most compact and easily stored high-energy-content fuel we have. Extraction is getting down to a highly engineered science, with the techniques of both tunneling and opening up strips now well enough advanced so there need be little or no degradation of the environment. For another aspect, the conversion of coal to useful energy with a minimum of pollution (particulate fly ash, sulfur compounds, volatile compounds, and certain heavy metals) has been an ongoing object of research, with some very highly efficient and yes, economical means of capturing all these side products, and putting them to economic use.
It is in fact, rather wasteful to simply burn coal as it comes from the mine. First step is to make the coal into coke, a process of using high heat to drive out the volatile compounds (mostly varying grades of petroleum-like kerogens) and also to reduce the number of sulfur compounds found in the coal. The remaining solid material, coke, is almost pure carbon, which is then heated to incandescence, then superheated steam is injected into the mass of coke in a retort container.
The hot carbon reacts with the steam, producing carbon monoxide, and free hydrogen, both excellent fuels, each burning with a relatively hot flame, a mixture called syngas. This syngas may then be further utilized as building blocks for long-chain hydrocarbon compounds, like gasoline, Diesel fuel, or any number of other industrial chemicals. A little more expensive than simply pumping oil up out of the ground, but useful for situations where hydrocarbons of a particular composition are desired. Or it could simply be burned directly for heat source for power generation or to drive industrial processes.
And of course, coke itself is used in metallurgical processes, like smelting iron into steel.
As the Trump administration has made great strides in rolling back job-killing regulations on the coal industry, moving the government out of the way, President Trump announced to the American people back at the end of March that “the war on coal is over.”
...
Go by actions, not words.
So glad carbon tax gary is on the staff...................../s
Too bad that Cruz is in the tank, Gold man sacks, damaged goods
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