How America’s biggest coal producer will tackle the energy transition

How America’s biggest coal producer will tackle the energy transition

One thing to start: The governor of Wyoming told the FT that the Biden administration’s limits on new oil and gas drilling on federal land will push investment abroad.

Welcome to another edition of Energy Source.

Our first item today is a dispatch from Wyoming, the US state that produces the most coal, where the local economy is being upended by the energy transition. Derek Brower — who has spent the past two weeks on the road, taking the temperature of energy producers from Bismarck, North Dakota, to Houston, Texas — spoke to some key players about the fallout, as well as the opportunity that lies ahead as Wyoming faces up to the realities of net zero.

In our second item, Justin Jacobs asks whether improved commodity prices can coax banks back into fossil fuel lending in the face of rising pressure to steer clear.

We’re experimenting with sending this email one hour later than we have previously because we think it will better suit our readers. Are you happy with the change? Please keep the feedback coming by emailing us at [email protected]. — Myles

A postcard from Wyoming: coal mines, pump jacks and wind farms

Travelling through Wyoming is an education in the US’s fast-shifting energy