Trump admin tries again to revive dying coal industry

The Trump administration announced $700 million in funding for coal plants and a new export terminal , utilizing Cold War-era authority to support existing facilities and build new coal plants. This is the latest step by Trump to reverse the years-long decline in the U.S. coal industry, as coal has been shrinking amid environmental regulations and competition from cheaper natural gas . Environmental groups criticized the plan, noting it could drive up pollution, raise electricity costs for Americans and prop up a declining industry .

Source: Ars Technica | 2026-06-05