Trump announces efforts to revive nuclear energy, export more American coal

President Donald Trump on Thursday announced a number of energy initiatives, including a review of U.S. nuclear energy policy and efforts to make sure new coal plants are built overseas. The announcements came during a speech on achieving American “energy dominance.” The position is similar to previous administrations’ goals of achieving “energy independence,” dating back to the 1970s. President Barack Obama paved the way for Trump by lifting a 40-year ban on exporting U.S. crude oil and by approving about two dozen liquefied natural gas export licenses.


Source: CNBC

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