They’re both good arguments,” Cohn said about the Paris accord

Coal doesn’t make ‘much sense anymore’

While Trump has moved to rip up regulations canada goose outlet seattle burdening the coal canada goose outlet belgium industry, his most senior economic aide doesn’t look like he’s jumping on the coal train.”Coal doesn’t even make that much sense anymore as a feedstock,” Gary Cohn said, aboard Air canada goose factory outlet vancouver Force One canada goose outlet london uk on canada goose outlet trillium parka black Thursday, referring to raw materials that get converted into a fuel.Cohn, who serves as director of the White House National Economic Council, instead praised natural gas as “such a cleaner fuel” and one that America has become an “abundant producer of.”While Trump rarely talks up the potential of renewable energy, Cohn sounds like a fan.”If you think about how solar and how much wind power we’ve created in the United States, we can canada goose outlet los angeles be a manufacturing powerhouse and still be environmentally friendly,” Cohn said.Related: Why Trump’s coal promises are doomedCohn’s comments stand out, canada goose jacket outlet store but not because they are inaccurate. They jive with what energy experts have been saying for some time.The White House didn’t respond to questions about whether Cohn’s remarks signal a shift in canada goose outlet washington dc Trump’s energy and environmental policies. in the Paris climate canada goose outlet new york city accord, which is forcing governments in many countries to crack down on the carbon emissions from coal canada goose outlet parka and other fossil fuels. World leaders, Democrats and canada goose outlet store calgary some major companies have urged Trump not to ditch the landmark deal that represents the most significant effort to date to combat climate change.”He’s heard arguments that are persuasive on both sides. They’re both good arguments,” Cohn said about the Paris accord.Trump’s love for coal canada goose outlet shop helped his vote totals in the Rust Belt that carried him to victory last canada goose outlet kokemuksia November. It didn’t help that his opponent, Hillary Clinton, badmouthed coal by promising to “put a lot of coal miners and coal companies out of business.”Related: Solar jobs growing 17 times faster than US economyBy contrast, Trump followed through on his promise to end Obama’s “war on coal” by signing an canada goose outlet montreal executive order in March that started undoing the last administration’s signature efforts on climate change.The problem is that Trump’s deregulation push is unlikely to bring about the coal renaissance he wants. That’s because coal’s dramatic downfall has come not from regulations, but has been driven by market forces, especially the abundance of cheap natural gas.An in depth study by Columbia University concluded that “Trump’s efforts to roll back environmental regulations will not materially improve economic conditions in America’s canada goose outlet toronto factory coal communities.”The academics urged Trump to focus on ways to retrain coal workers and safeguard their health benefits instead of offering “false hope that the glory days canada goose outlet store uk can be revived.”CNNMoney (New York) First published May 26, 2017: 4:29 PM ETContact UsClosed CaptioningSite MapMost stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed canada goose outlet toronto by two minutes. All times are ET. Disclaimer. Morningstar: 2018 Morningstar, Inc. Factset: FactSet Research Systems Inc.2018. Chicago Mercantile Association: canada goose outlet black friday Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S Dow Jones Indices LLC and have been licensed for use to S Opco, LLC and CNN. Standard Poor and S are registered trademarks of Standard Poor Financial Services LLC and Dow Jones canada goose uk shop is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow canada goose outlet mississauga Jones branded indices S Dow Jones canada goose outlet toronto location Indices LLC 2018 and/or its affiliates.

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