At the National Press Club on Wednesday, Department of Energy (DOE) Secretary Ernest Moniz asserted his commitment to an all-of-the-above energy philosophy. “’All-of-the-above’ is working,” Moniz said. “’All-of-the-above’ is not a slogan, it is a policy and a pathway.” In fact, he repeated this commitment on behalf of DOE and the Obama administration repeatedly throughout the lunch discussion. Moniz walked through successes and challenges involved with every major fuel source in America with one glaring exception: he made no mention of coal, our nation’s most abundant and reliable resource.
Moniz’ speech made it clear that the administration is, indeed, espousing an “all-but-one” philosophy when it comes to energy in practice. Coal was left out of the discussion entirely, even though it is a critical energy source that provides the largest percentage of base load power to America’s electricity grid.
Moniz touted domestic energy production as a recent success for the economy and the energy industry. He was correct when he said this is an exciting time for American energy production, if you consider the great potential we have to fully utilize every one of this nation’s resources. But this can only happen with supportive regulation. Unfortunately, the Obama administration is pursuing unworkable regulations that are jeopardizing our nation’s energy future instead of capitalizing on our abundance. With irrational regulation, we lose all potential for a true “all-of-the-above” strategy that secures our energy portfolio and creates a reliable electricity grid.
Coal is America’s most abundant energy resource. We know how to produce, transmit, store, and utilize it, and we know it well. We can do so affordably and reliably. But Moniz’ omission of coal in his outline of America’s energy industry demonstrates how the Obama administration is turning their back on coal-fired power. Perhaps the most frustrating element of this policy is that it also means turning their back on the hard-working coal miners, power plant workers, and thousands of Americans whose livelihoods and incomes are directly and indirectly tied to the coal industry. If Secretary Moniz and the Obama administration truly agree that an “all-of-the-above” energy strategy is best for our country, they should not forget that coal is a fundamental piece of this portfolio.