“A tonne of coal is a tonne,” he said.
“A coal mine can produce more electricity than a thousand homes.
We could get away with less than a ton.”
But coal is expensive to mine and it’s expensive to transport.
“There is no alternative to coal in the U.S.,” he said, referring to his coal mining business.
The global coal price is now down more than 70 per cent in 2017, the highest since the end of World War II. “
We need to use coal as a fuel for all of our energy sources.”
The global coal price is now down more than 70 per cent in 2017, the highest since the end of World War II.
Coal is a key ingredient in electric cars.
Mr Trump has vowed to scrap a U.N. deal that would have helped curb global warming and to allow coal mining on U.s. public lands.
“The president has said he will do the right thing,” Mr Kallstrom said.
He said it was important to work with the administration to reduce emissions from power plants, and to get out of the Paris Agreement on climate change.
“Coal is a major source of carbon pollution and I think that is going to be the focus of the president and his team.”
Mr Trump met President Vladimir Putin in December and the two leaders had a tense exchange over Syria, but Mr Kavtar said Mr Putin has been “more receptive to American interests than President Trump.”
He said the president is “not a fan of the US” but that he will respect Mr Putin’s right to protect Russia’s interests.