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Trump Administration Reignites Coal Industry with Major Investments

9/29/2025

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Story summary
  • The Trump administration plans to boost U.S. coal production, reversing the decline.
  • The Interior Department opens 13.1 million acres for coal mining, while reducing royalties.
  • The Energy Department will allocate $625 million to upgrade coal plants.
  • Coal supplied 15% of U.S. electricity in 2024, down from 50% in 2000, with global demand remaining high, especially in China.