Statura Intelligence
Trump announces $700 million in new support for struggling coal industry
President Donald Trump speaks as Wyoming Gov. Mark Gordon, from left, West Virginia Gov. Patrick Morrisey, Energy Secretary Chris Wright, Interior Secretary Doug Burgum, Environmental Protection Agency administrator Lee Zeldin and Rep. Derrick Van Orden, R-Wis., listen at an event about coal, Thursday, June 4, 2026, in the Oval Office of the White House in Washington.
President Donald Trump is again seeking to boost the struggling U.S. coal industry, announcing a plan Thursday to spend nearly $700 million to support coal-fired power plants and coal exports.
Trump said the administration will use authority under a Cold War-era national defense law to support 13 coal plants across the country and help build coal plants in Alaska and West Virginia — the first new U.S. coal plants since 2013. The money will also help restart a shuttered coal-fired power plant in Maryland and support construction of a long-delayed coal export terminal in Oakland, California.
Opening excerpt. Read the full story at Newsdata · Florida Politics ↗
Sourced from Newsdata · Florida Politics · indexed by Statura on June 6, 2026. Statura indexes Florida political news and tags it by industry and jurisdiction so government-affairs teams can monitor signal without scanning every outlet by hand. Read the full story at Newsdata · Florida Politics ↗
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