Trump is invoking the Cold War-era Defense Production Act to bolster 13 coal plants across the country—and build new ones in Alaska and West Virginia.
This influx adds to the hundreds of millions the Trump administration has spent attempting to resuscitate the coal industry—with mixed success. Case in point? Both units at an Indiana coal plant kept online by the DOE remain inoperable.
Zoom out: The announcement arrives as US oil inventories reach their lowest level in two decades, and the Iran war continues to drain stockpiles.
Molly Glick
Energy Central Team
Thu, Jun 4
NEWS: President Trump is injecting $700M into US coal production 💉
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