Trump directs hundreds of millions of dollars to support coal using emergency powers

[rangerrebew]

Trump directs hundreds of millions of dollars to support coal using emergency powers
By

Commodities
Published 06/04/2026, 12:21 PM
Updated 06/04/2026, 05:55 PM

 

By Timothy Gardner and Jarrett Renshaw

WASHINGTON, June 4 (Reuters) - President Donald Trump said on Thursday he is directing hundreds of millions of dollars to support U.S. coal power plants and to ship the carbon-intensive fuel to Asia, with most of the funding coming from Cold War-era emergency powers.

Trump invoked the Defense Production Act, a 1950 law granting presidents broad authority over industries deemed critical to national security, to fund $425 million in upgrades to 13 coal-fired power plants and $75 million to support the proposed West Gateway coal export terminal in Oakland, California.

His Energy Department also said it was finalizing up to $350 million in previously announced funding to help develop four coal facility projects, including new power plants in Alaska and West Virginia.

The Trump administration has framed energy policy as a national security issue to ensure electricity for AI data centers and reduce reliance on other countries.

https://www.investing.com/news/commodities-news/trump-to-unveil-700-million-coal-support-plan-using-emergency-powers-4727146

[rangerrebew]

https://www.breitbart.com/politics/2026/06/04/trump-expected-announce-700-million-actions-boost-u-s-coal-industry/

[IsailedawayfromFR]

While publicly spouting off about the horrific environmental hazards of coal power plants once again spewing forth dangerous pollutants,  Leftists will privately give a sigh of relief as the usage of coal plants will provide cover for the disastrous reliance upon wind and solar.

Since the bulk of these plants appear to be in red states however, this should strengthen those red states economically and widen the economic productivity with blue states even more.

Status of coal-fired generating plants slated to be retired by 2028
https://apnews.com/article/trump-climate-coal-revival-9440fa44ad8f0cce0ef50b22e00cad8e