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Trump allocates $100M for $10B coal projects; costs double gas

7/13/2026

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Story summary
  • Proposed coal plants would cost over $10 billion each, far exceeding comparable gas, solar and wind projects.
  • U.S. President Donald Trump's administration allocated more than $100 million for feasibility studies of two new coal-fire plants in West Virginia and Alaska.
  • Analysts say a 1.6-GW West Virginia plant with carbon capture would cost about double a similar gas plant, making the project uncertain because carbon-capture technology remains unproven.