Bloomberg Talks
Energy Secretary David Turk Talks China, Coal Usage
Dec 4, 2023
Energy Secretary David Turk discusses China and coal usage, comparing climate commitments and the decline of coal in the US. They also talk about the significance of scope three emissions and US efforts in emission reduction.
06:52
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Quick takeaways
- The US government is actively working to reduce coal usage and promote clean energy alternatives like solar and wind power.
- The Energy Department plans to opportunistically refill the strategic petroleum reserve and prioritize reducing methane emissions in the oil and gas sector.
Deep dives
Diminishing Coal Usage in the United States
The Deputy Energy Secretary discusses the U.S. government's plan to diminish coal usage across America. With historic levels of funding through legislation, the country is building out its clean energy future. Cheaper alternatives like solar and wind power are driving the market to react and decrease coal consumption.
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