Trump unveils $700 million coal support plan using emergency powers
- Posted on June 5, 2026
- By Business News Today
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- 1 min read
Trump unveils $700 million coal support plan using emergency powers
President Donald Trump is using emergency powers to boost the US coal industry. Nearly $700 million will fund upgrades to power plants and new export facilities. This move aims to lower living costs and ensure energy security. Asian nations are reportedly seeking Wyoming coal. Environmental groups oppose the plan, citing pollution concerns.
