For the past decade, our organization has been fighting the Green New Deal agenda in Arizona, working to score a decisive victory for reliable and affordable energy. Thanks to President Trump, that decisive victory now appears within reach.
Earlier this month, President Trump released three new executive orders and one proclamation, all aimed at unleashing American energy abundance. These executive actions are all part of a coordinated White House effort to initiate a tidal shift in the ever-steady march toward the Net Zero nightmare being pursued by radical environmentalists, the green industrial complex, and public utilities across the nation.
For years, energy regulators have forewarned of the impending grid crisis due to the overreliance on costly renewable energy, yet the previous administration only accelerated the catastrophe. The new Trump Executive Orders, coupled with his declaration of a National Energy Emergency, will directly address this crisis by ending the regulatory discrimination against coal, empowering the domestic mining of coal resources, encouraging the development of coal energy generation, and allowing for these activities to take place on federal lands.
Reigniting the American coal industry couldn’t happen soon enough. While China and India are building new coal plants at unprecedented rates to power their economic growth, we have been aggressively shutting our plants down. As a result of costly regulations, market manipulation to inflate the cost of coal and throwing immense subsidies at wind and solar projects, coal was set to be nonexistent within the next decade.
In Arizona, nearly 4,000 MW of reliable coal generation has been shuttered in the last decade alone. For reference, Arizona’s largest electricity provider has a peak demand of 8,000 MW. And the remaining coal generation benefiting Arizona’s electric grid is either being shuttered this year (Cholla) or is slated to be retired in 2031 (Four Corners Generating Station).
For some time, the thought of keeping coal in the resource mix, let alone building new capacity, was nothing more than a pipe dream. Despite tremendous work at the state level, reversing the war on coal has been viewed as an impossible task. The Obama/Biden EPA worked to regulate coal out of existence, the “Inflation Reduction Act” was dumping trillions into unreliable solar and wind, and the impact of ESG had taken its toll on the energy industry. And the Arizona Corporation Commission, the regulatory body that oversees our public utilities, has shown little interest in challenging the phase-out of coal.
Now everything has changed. The most destructive regulatory and economic barriers hindering new fossil fuel development and generation, including coal, have been removed, thanks to President Trump.
Just as significant, multiple banks and hedge funds have dropped their woke Environmental, Social and Governance (ESG) lending requirements due to pressure from the White House. And another Trump executive order cracking down on state overreach has directed the Attorney General to act against states with laws and policies that undermine energy resource development and grid reliability, including ESG (a term the Arizona Corporation Commission has previously claimed to be undefinable).
With a stroke of his pen, President Trump has committed to funding the reopening and new construction of coal-generating plants in states.
With Trump leading the way, our elected leaders have never had a better opportunity to boldly and enthusiastically reshape Arizona’s energy future. Much of this work must begin at the Corporation Commission, which is why Republicans at the legislature are rallying behind HCM 2014, a memorial to the Commission to support the buildout of reliable energy and reconsider previous decisions that are leading to the closure of Arizona’s remaining coal facilities.
For those evaluating the politics of sound energy policy, the risk now isn’t opposing the radical environmentalists and climate change fanatics, but resisting the headwinds of Trump’s energy agenda. Let’s hope that our elected leaders don’t waste this historic opportunity for meaningful reform.
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