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08.06.26 - 00:48
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Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants (ZeroHedge)
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Trump Admin Announces $850MM To Modernize US Coal Capacity, Build 2 New Plants
By Robert Walton of UtilityDive
The Trump administration approved 76 coal-related permits in more than a year of efforts to revive the flagging fuel and execute an agenda of “energy dominance.” His latest attempt includes tapping Defense Production Act funding to expand the industry.
“Last year we prevented 17 GW of coal-powered electricity from going offline. That's enough power for about 13 million homes, and at a very low price. It's the lowest price,” Trump said of coal resources.
But critics say the opposite is true. “This move, along with the President blocking the retirement of old coal plants that are too costly to operate, is making most Americans poorer,” Jenkins said. “This is a total misuse of the Defense Production Act, a giant giftwrapped payout to subsidize and prop up a flailing industry that can no longer compete in the free market.”
The coal funding is “another example of Trump...
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06.06.26 - 02:39
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"Thank You, Mr. President": Maryland Freedom Caucus Applauds Trump′s Coal Power Plant Restart Plan (ZeroHedge)
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"Thank You, Mr. President": Maryland Freedom Caucus Applauds Trump's Coal Power Plant Restart Plan
Submitted by Maryland Freedom Caucus,
Today, President Trump is taking action to help reverse the damage done to Maryland's energy industry by directing federal support toward coal power infrastructure, including funding that could help restart Maryland's Warrior Run power plant near Cumberland.
PRESIDENT TRUMP: "Today, we're taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal... As a result of the $700M investment that I'm announcing today, we will protect 14 coal plants and 42 coal… pic.twitter.com/o2IxCelLpn
— Breaking911 (@Breaking911) June 4, 2026
While combining the Defense Production Act, a 1950 law that gives presidents emergency authority over national security-related industries, and Department of Energy grants, President Trump is expected to send tens of millions of dollars to ...
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04.06.26 - 22:48
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Trump uses wartime powers to dole out $700m to ′clean, beautiful′ coal (The Guardian)
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US president announces plans for two new coal plants, in Alaska and West Virginia, using Defense Production ActDonald 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 coal”, despite it being the dirtiest of fossil fuels.“Today, we're taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal,” he said a press conference on Thursday. Continue reading......
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04.06.26 - 22:15
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Trump delivers $700M boost to coal, including wartime authority funds (The Hill)
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The Trump administration is putting nearly $700 million toward coal, one of the president's favorite energy sources. President Trump announced the move during Thursday remarks in the Oval Office, saying his administration is “taking historic action to bring down the price of energy and the cost of living for all Americans with the power of......
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