Trump Administration Pledges $700 Million to Coal Sector, Directs Military to Boost Coal Power Use

President Trump has announced a $700 million federal investment to support the coal industry. This funding includes allocations for maintaining existing coal plants, constructing new ones, and establishing a coal-export facility. Additionally, the President has mandated that the U.S. military increase its procurement of electricity from coal-fired sources, signaling a significant policy shift to bolster coal despite rising costs and environmental concerns.