Trump Allocates $700 Million to Coal Plants and Export Terminal
President Trump announced a $700 million investment to bolster the U.S. coal industry, utilizing wartime powers under the Defense Production Act. The funding includes the construction of two new coal plants in Alaska and West Virginia, the extension of 12 existing plants—including the Mitchell Plant in West Virginia and a facility in Maryland—and the development of a new coal export terminal in Oakland, California. The administration frames the move as essential for "energy dominance" and lowering costs. However, critics and experts have challenged the president's description of coal as "clean," warning that the revival of coal-fired power could lead to increased health risks and higher long-term energy costs.
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Trump Funds Two New Coal Plants and Extends Another Dozen, Citing ‘Energy Dominance’ - Inside Climate News
Perhaps you noticed: This story, like all the news we publish, is free to read. That’s because Inside Climate News is a 501c3 nonprofit organization. We do not charge a subscription fee, lock our news behind a paywall, or clutter our website with ads.
Trump uses wartime powers to dole out $700m to ‘clean, beautiful’ coal | Donald Trump | The Guardian
US president announces plans for two new coal plants, in Alaska and West Virginia, using Defense Production Act ... Donald Trump is using wartime presidential authority to hand $700m to coal-fired power plants in the US, the latest move by the president to bolster what he called “clean, beautiful ...
Interior Secretary Doug Burgum speaks as President Donald Trump, foreground, and from left, Energy Secretary Chris Wright and Environmental Protection Agency administrator Lee Zeldin, listen at an event about coal, Thursday, June 4, 2026, in the Oval Office of the White House in Washington. (AP Photo/Julia Demaree Nikhinson) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share ... The coal-burning TransAlta power plant ...
Trump announces $700 million investment in coal plants and California export terminal - CBS News
Sara Cook is a White House producer ... for CBS News. She has covered three presidential campaigns and the Obama, Biden, and Trump administrations. Read Full Bio ... The U.S. is stepping up its investment in coal as President Trump doubles down on his commitment to bolster the fossil fuel industry. During an event on Thursday, Mr. Trump announced that his administration would commit $700 million in funding for coal plants and a new ...
3 Unstoppable Energy Stocks on Washington's Short List as Trump Rewrites U.S. Oil and Gas Strategy - The Globe and Mail
Buying ExxonMobil isn't just a gamble on oil prices anymore. It is a bet on sustained U.S. energy dominance and favorable Washington policies. When President Trump signed the "Unleashing American Energy" executive order in early 2025, it ended the Biden-era pause on LNG export approvals.
President Donald Trump said Thursday that without energy dominance, the United States “can’t win” after he announced $700 million in funding to bolster America’s coal industry. When asked by Breitbart News about the importance of dominating different forms of energy production, whether ...
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