Trump launches $700 million coal revival using wartime powers
Donald Trump announced a $700 million plan to revive the US coal industry, invoking the Defense Production Act to fund 14 existing plants, 42 mines, build two new plants, and an Oakland export terminal, with about 1,400 jobs tied to the terminal and roughly 14,000 total jobs supported, plus an estimated $50 billion in potential energy-cost savings for consumers, as energy prices rise amid tensions with Iran and criticism of renewables.
