May 23, 2019

Report: Coal’s revival is in high tech

Illustration: Rebecca Zisser/Axios

A new report commissioned by the Energy Department recommends promoting coal for use in other, higher tech ways than electricity.

Why it matters: The report, authored by coal executives, is an implicit acknowledgment that despite President Trump’s so far empty promises to help economically struggling coal plants, coal’s past as America’s dominant power source is no reflection on its future.

The big picture: Coal’s share of the U.S. electricity mix has plummeted from nearly 50% to below 30% in the past decade, fueled by growth in cheap, cleaner-burning natural gas and tougher environmental regulations.

Where it stands: The report was written by the National Coal Council, a federal advisory committee to Energy Secretary Rick Perry made up of executives across the coal industry. It finds that coal can be refined into what can seem like limitless products, but the ones with the most growth potential include:

  • Carbon fiber as a lighter weight and stronger replacement for steel and aluminum in cars, wind turbines and more.
  • Rare earth minerals, which are used in a wide variety of renewable energy technologies.
  • Graphene, a material used in medical devices.

What’s next: The report, which is being sent to Perry on Thursday, recommends the Energy Department create a research and development program to help bring down the costs of these technologies and also to find ways to encourage private investment into this space.

Go deeper: Coal seeks new life in high tech

Go deeper

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

The European Union is considering an $826 billion coronavirus rescue package to fund recovery efforts for all member states, European Commission President Ursula von der Leyen said Wednesday.

By the numbers: More than 5.6 million people have tested positive for COVID-19 and over 2.3 million have recovered from the virus. Over 355,500 people have died globally. The U.S. has reported the most cases in the world (over 1.6 million from 15.1 million tests).

U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

More than 100,000 Americans have died of the coronavirus, according to data from Johns Hopkins — a milestone that puts the death toll far beyond some of the most tragic events in U.S. history.

By the numbers: Over 1.6 million have tested positive in the U.S. Nearly 354,000 Americans have recovered and over 15.1 million tests have been conducted. California became the fourth state with at least 100,000 reported cases of the coronavirus on Wednesday, along with Illinois, New Jersey and New York.

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 5,682,389 — Total deaths: 354,944 — Total recoveries — 2,337,385Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 1,697,459 — Total deaths: 100,276 — Total recoveries: 391,508 — Total tested: 15,192,481Map.
  3. Public health: Fauci says data is "really quite evident" against hydroxychloroquine — Nearly half of Americans say someone in their household has delayed medical care.
  4. States: California hospitals strained by patients in MexicoTexas Supreme Court blocks mail-in expansion to state voters.
  5. Business: MGM plans to reopen major Las Vegas resorts in June — African American business owners have seen less relief from PPP, Goldman Sachs says.
  6. Tech: AI will help in the pandemic — but it might not be in time for this one.
  7. 1 🎶 thing: Local music venues get rocked by coronavirus.
  8. 🎧 Podcast: Trump vs. Twitter ... vs. Trump.
  9. What should I do? When you can be around others after contracting the coronavirus — Traveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Updated 2 hours ago - Politics & Policy