Bob Paduchik, who also led the Ohio Trump campaign in 2016, called lawmakers urging them to support the legislation and stressing that the president was behind it as well.
On the supply side, Fitch expects production misses from Australia to keep the market tight in the coming quarters as large diversified miners lose their appetite for mining coal.
After the opposition Labor party suffered heavy losses in coal-mining regions in Saturday’s Australian federal elections, the Carmichael project looks to be getting closer than ever to approval.
BHP Group CFO Peter Beavan told a strategy briefing on Wednesday that the world's biggest mining company has "no appetite" to grow its thermal coal assets.
The aid package launches a drive to transform chimney-stack economies into high-tech centers and will help Germany achieve its climate goals for 2030 and put it on the right path for meeting 2050 targets.