Coal baron's 'action plan' became Trump policy initiatives - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 10, 2018 Newswires
Share
Share
Post
Email

Coal baron’s ‘action plan’ became Trump policy initiatives

Associated Press

WASHINGTON (AP) — In the early days of the Trump administration, the head of one of America's largest coal companies sent a four-page "action plan" to the White House calling for rollbacks of Obama-era environmental and mine safety regulations.

"We have listed our suggested actions in order of priority," Robert "Bob" Murray, the chairman and CEO of Ohio-based Murray Energy, wrote in his March 1 letter addressed to Vice President Mike Pence. "We are available to assist you and your administration in any way that you request."

A review of the memo by The Associated Press shows Murray, an early campaign supporter of President Donald Trump and major GOP political donor, has gotten about half the items on his wish list. They include pulling the United States out of the Paris climate accords and revoking the Clean Power Plan, former President Obama's signature effort to limit planet-warming emissions from coal-fired power plants.

Murray has spoken widely about his policy priorities in the intervening months, but a copy of his four-page plan became public this week after it was obtained by Democratic Sen. Sheldon Whitehouse of Rhode Island and first reported by The New York Times.

Under Trump, the Mine Safety and Health Administration has also moved to reconsider rules meant to protect miners from breathing coal and rock dust — the primary cause of black lung — and diesel exhaust, which can cause cancer.

Other Murray priorities, such as eliminating federal tax credits for wind turbines and solar panels, have floundered, however. The renewable energy tax breaks were largely retained in the final Republican-drafted tax plan signed by Trump last month.

And despite Trump's campaign pledges to put scores of coal back to work by ending what he and Murray have derided as Obama's "War on Coal," the administration's regulatory rollback has thus far had modest economic benefits.

Only about 500 coal mining jobs were added in Trump's first year, bringing the total to about 50,900 nationally, according to the federal Bureau of Labor Statistics. The nation's utilities have also continued to shutter coal-fired plants in favor of those burning natural gas made cheaper and more abundant by new drilling technologies.

In an interview with AP on Wednesday, Murray said Trump and his appointees have overall done a great job helping his industry, rating them "nearly a 10" in the first year. He specifically credited Environmental Protection Administrator Scott Pruitt and Energy Secretary Rick Perry with being "stars."

Murray said he had private meetings with both Pruitt and Perry last year to discuss his policy goals.

"President Trump has done a wonderful job in addressing what is needed to improve the cost of electricity in America and to improve the reliability, security and resilience of the electric power grid," Murray said. "I give him very high marks."

Spokespeople for Pruitt and Perry did not immediately respond to questions Wednesday about Murray's action plan.

Murray said he is still hopeful that Pruitt will follow through on the second-highest priority item on his 2017 action plan, revoking EPA's 2009 finding that emitting greenhouse gases in the atmosphere threatens public health and welfare. The finding provided the legal underpinnings for Obama's efforts to regulate carbon emissions as pollutants under the Clean Air Act.

Murray also expressed disappointment that Trump appointees on the Federal Energy Regulatory Commission voted Monday to reject a proposal by Perry to make coal and nuclear power plants eligible for billions of dollars in government subsidies.

AP reported last year that Murray had asked the Trump administration to issue an emergency order protecting coal-fired power plants from closing. Murray warned that failure to act could cause thousands of coal miners to be laid off and force his largest customer, Ohio-based FirstEnergy Solutions, into bankruptcy.

Perry ultimately rejected Murray's request, but later asked FERC to boost coal and nuclear plants by subsidizing their continued operation.

The Republican-controlled commission voted unanimously to reject Perry's claim that further retirements of coal-fired power plants pose a threat to reliability of the nation's electric grid.

"There's no question about it, there are folks in the administration that have their own agenda, rather than President Trump's," Murray said. "There are some staffers who have gone contrary to the wishes of our president."

Follow Associated Press environmental writer Michael Biesecker at http://twitter.com/mbieseck

Older

IRA Financial Group & IRA Financial Trust to Accept Cryptocurrencies for Payment of Fees Beginning 2nd Quarter 2018

Newer

Barrasso: Americans Are Already Benefiting From Tax Reform

Advisor News

  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
  • Why advisors should be talking about life settlements
  • Millennials are ready to bring their advisor to the family table
More Advisor News

Annuity News

  • NAIC regulators continue pushing for annuity illustration updates
  • Wink: Flat first-quarter annuity sales fall just short of $100B
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
  • Matthew Michelini named Athene president, with an eye on annuity growth
  • Lincoln Financial Announces Executive Leadership Transitions
More Annuity News

Health/Employee Benefits News

  • Salem council shows support for single-payer health insurance program
  • Researchers at Creighton University School of Medicine Release New Data on Managed Care (Barriers Beyond Medicaid: A Midwest Study on Pancreatic Surgery Access Post-ACA): Managed Care
  • Presbyterian announces layoffs, ending Medicare Advantage plans
  • Franklin County Hiring Tax Assessment Specialist I
  • New Findings on Soft Tissue Sarcomas from National Cancer Center Research Institute Summarized (Differences Among Genomic Profiling Tests for Bone and Soft-Tissue Sarcomas in a Universal Health Insurance System): Oncology – Soft Tissue Sarcomas
More Health/Employee Benefits News

Life Insurance News

  • Prudential announces more layoffs as insurer continues to restructure
  • Pradip Patiath Joins Securian Financial Board of Directors
  • Over $107 million in life insurance benefits located for Tennesseans in 2025
  • Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Press Releases

  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet