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00:00:00
>> Donald Trump came into office pledging to boost the nation's energy sector, proposing new subsidies for coal and nuclear plants as a step in that direction. But a year later, his energy policy is mired in the complexity of energy regulation and the difficulty of pleasing competing interests. Tim Gardner is reporting the story.
00:00:20
>> What the Trump administration is learning is that the campaign trail is a lot different than the real world of energy markets. Once you get out and start giving subsidies to certain sectors of the energy markets, it starts getting off balance and other parts of the industry don't like that.
00:00:37
>> The subsidy plan announced in September has touched off a backlash from proponents of natural gas and utilities, sectors Trump has also vowed to help.>> The administration didn't warn anybody in Washington what it was doing. It suddenly put the plan out and it got others in the energy industry upset.
00:00:57
Natural gas drillers, petroleum drillers, were upset because they didn't have any inkling this was coming. And also, utilities were upset because they see these kinds of subsidies as stifling innovation.>> At the same time the coal industry has made little headway in persuading Trump to roll back Obama era subsidies for wind and solar power.
00:01:20
Another political flash point, proposed changes to biofuels policy which would have ended rules requiring oil refiners to blend ethanol into gasoline.>> That upset the biofuels law makers very much in the country's heartland. Senators Chuck Grassley and Joni Ernst, republicans both. So in October the Trump administration rolled back the changes.
00:01:44
That in turn upset law makers in states that have refineries like Senator Ted Cruz of Texas.>> But they have notched up some victories. The rollback of regulations limiting emissions of pollutants, the opening of Alaska's Arctic National Wildlife Refuge to drilling, and the lifting of a coal mining moratorium on federal lands.
00:02:06
But the impact of these moves remains uncertain. White House and Energy Department officials decline to comment. But analysts say carrying out Trump's vision of energy growth now hinges on resolving the conflicts stirred up among competing energy interests.