Apr 27, 2017

British Columbia asks Trudeau to ban U.S. coal

Philippe Huguen / Pool Photo via AP

Cloud Peak Energy CEO Colin Marshall urged investors Thursday on an earnings call not to get ahead of themselves in worrying about whether coal exports to Canada would be banned. This comes after Premier Christy Clark of British Columbia penned a letter to Canadian Prime Minister Justin Trudeau Wednesday asking him to ban coal shipments from the U.S., sending shares from the coal giant tumbling.

Retaliation against Trump: Trump's new tariffs on Canadian softwood lumber sparked the response from Clark. Trudeau's spokesman said he would consider the request "carefully and seriously," per Bloomberg.

Why it matters: This ban would hit Trump where it would hurt — his campaign promise to bring back coal — since about 6.2 million metric tons of U.S. thermal coal were shipped through Vancouver's sea port in 2016.

Calming the coal fright: Marshall said all planned exports would still be shipped out.

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What to watch in the Nevada debate

Photo Illustration: Eniola Odetunde/Axios. Photos: Cengiz Yardages and Mario Tama/Getty Images

Michael Bloomberg's wealth will fuel rather than shield him from tests and attacks when he makes his Democratic primary debate debut on the stage tonight in Las Vegas.

The state of play: Bernie Sanders is still the front-runner. So the other candidates must weigh which of the two presents a bigger threat to their viability: Sanders, with his combined delegate, polling and grassroots momentum? Or Bloomberg, with his bottomless budget?

Go deeperArrowUpdated 6 mins ago - Politics & Policy

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Trump expected to install Grenell as acting intelligence chief

Photo: Sylvain Gaboury/Patrick McMullan via Getty Images

President Trump has told advisers he plans to install Richard Grenell, the current U.S. ambassador to Germany and a staunch defender of Trump, as the acting director of national intelligence, according to two senior administration officials. The news was first reported by the New York Times.

Why it matters: The role, which was originally vacated by Dan Coats in August 2019, is one of grave responsibility. As acting DNI, Grenell will be charged with overseeing and integrating the U.S. intelligence community and will advise the president and the National Security Council on intelligence matters that concern national security.