Trump to unveil 700 million dollar coal support plan
President Trump will use emergency powers to fund power plant upgrades and a West Coast export terminal to boost domestic and international coal shipments. The administration frames the move as a national security measure while environmental groups prepare legal challenges.
President Donald Trump will invoke Cold War-era emergency powers to direct nearly $700 million toward the coal industry in the United States. The plan utilizes the Defense Production Act of 1950 to fund upgrades at more than a dozen coal-fired power plants and a West Coast export terminal. This intervention aims to secure domestic electricity for AI data centers and expand fuel exports to Asian markets as the industry faces competition from cheaper energy alternatives.
### Cold War Powers for Modern Energy Trump is expected to announce the initiative during the afternoon, according to a White House official and an industry source. The administration plans to use the Defense Production Act of 1950 to bypass standard hurdles. This law grants the president broad authority over industries deemed critical to national security.
