Drooid Logo
Back to today’s briefing

Story perspectives

Trump Administration Spends $3.8 B to Kill Wind, Fund Coal

7/10/2026

34 7 Full Breakdown

1 of 1

Story summary
  • The administration spent $2.7 billion to cancel offshore wind projects and $1.125 billion to support coal.
  • President Donald Trump ordered the Interior Department to pay to abandon offshore wind leases and the Energy Department to spend $625 million extending coal plants.
  • Critics say subsidies force taxpayers to fund coal plants, raise electricity rates, could cost $3.12 billion to keep 35,000 MW through 2028, and cause 460,000 premature deaths in United States from 1999 to 2020.