{"id":1057,"date":"2026-06-04T23:08:12","date_gmt":"2026-06-04T23:08:12","guid":{"rendered":"https:\/\/americanmovershub.com\/?p=1057"},"modified":"2026-06-04T23:08:12","modified_gmt":"2026-06-04T23:08:12","slug":"trump-announces-700-million-investment-in-coal","status":"publish","type":"post","link":"https:\/\/americanmovershub.com\/?p=1057","title":{"rendered":"Trump announces $700 million investment in coal"},"content":{"rendered":"
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President Donald Trump announced he\u2019d be ramping up investments in coal across the country to help the nation\u2019s fossil fuel industry. <\/p>\n

Read more U.S.-Iranian tech CEO arrested on charges of supplying goods to Iran\u2019s nuclear program<\/a><\/p>\n

Trump participated in an event Thursday in the Oval Office, where he said the federal government would be committing $700 million in funding for coal plants and other projects. <\/p>\n

\u201cToday, we\u2019re taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal,\u201d Trump said. <\/p>\n

The administration is going to be making investments in three areas, including saving coal plants with $425 million through the Defense Production Act (DPA), a Cold War-era law that allows the president to have authority over domestic industries. <\/p>\n

Under the new DPA allocation, Trump said the money would be used to support 13 different coal plants, allowing them to \u201cinvest in upgrades that extend their operational life,\u201d among other features. <\/p>\n

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President Trump is reversing the energy emergency he inherited with BEAUTIFUL, CLEAN COAL.<\/p>\n

Since January 2025, the Energy Department has saved 43 coal plants and is helping build two more. pic.twitter.com\/STPgjZDNsE<\/p>\n

\u2014 U.S. Department of Energy (@ENERGY) June 4, 2026<\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n

Coal plants receiving funding are located in West Virginia, Kentucky, North Carolina, Tennessee, Arkansas, Arizona, Oklahoma, North Dakota and Wisconsin. Coal mines supplying coal are in Pennsylvania, Kentucky, West Virginia, Ohio, Indiana, Illinois, Wyoming, North Dakota and New Mexico, the White House said.<\/p>\n

Environmental groups, long opposed to the use of coal, reacted to Trump\u2019s announcement. <\/p>\n

The National Resources Defense Council called the spending on coal a \u201cstunning waste of taxpayer funds for a fuel that has been on decline for two decades.\u201d<\/p>\n

\u201cFirst this administration tried to ban clean energy projects, and when that failed in the courts, it started cutting checks to pay off companies so they won\u2019t produce cheap power,\u201d Kit Kennedy, managing director for power at NRDC, said. \u201cNow it\u2019s taking our tax dollars and giving them to the owners of the oldest, dirtiest power plants \u2014 and subsidizing uneconomic new coal plant construction. This is going to mean higher bills and dirtier air. What a waste.”<\/p>\n

White House: Coal communities in Utah will benefit<\/h3>\n

A portion of the DPA funding, $75 million, will support the construction of a \u201clong-delayed coal export terminal\u201d in Oakland, California. This will allow the project to break ground over the summer and ship coal out by 2028. The West Gateway Terminal will move over $12 million tons and $1 billion worth of coal each year and is expected to create more than 1,000 jobs. <\/p>\n

The coal exported out of the California port is expected to come from Western states like Wyoming and Utah. <\/p>\n

Read more Sen. Curtis warns Trump\u2019s pick for attorney general could face hurdles<\/a><\/p>\n

\u201cCoal communities in Wyoming, Utah, and across the West will benefit tremendously as American mines expand production and hire more workers to meet the growing demand from our allies abroad for American energy,\u201d the White House said. <\/p>\n

There will be nearly $200 million of Department of Energy grant funding helping to build two new coal plants in Alaska and West Virginia, which would be the first new coal projects in the U.S. since 2013. <\/p>\n

The White House said approximately 12,500 coal jobs \u201care being retained\u201d thanks to the administration\u2019s initiative. <\/p>\n

Trump was joined by Environmental Protection Agency Director Lee Zeldin, Interior Department Secretary Doug Burgum, Energy Secretary Chris Wright, among others, for the event Thursday. <\/p>\n

They criticized the Democratic Party, green energy and wind energy throughout the announcement. <\/p>\n

\u201cYou have so many alternatives, they talk about some, but there\u2019s no real alternative,\u201d Trump said. \u201cChina, by the way, last year built 52 coal plants, they built about two windmills, you know, the only time they build a windmill is when they\u2019re trying to sell them to stupid people from the United States, the suckers.\u201d <\/p>\n

\u201cDo you notice under four years of Sleepy Joe Biden and the radical left Democrats in Congress, not a single permit was approved for a new coal mining project, but in over one year of our administration, we\u2019ve already approved 76 permits to clean beautiful coal, last year, we prevented 17 gigawatts of coal-powered electricity from going offline, and that\u2019s enough power for about 13 million homes,\u201d he added later. <\/p>\n

Burgum sharply criticized the Biden administration, saying they went down the path of \u201cpursuing highly-subsidized, intermittent, weather-dependent sources of electricity.\u201d He said the new projects would be developed on public land that was already set aside. <\/p>\n

Wright pointed to severe weather impacts that left many Americans without power and how vital it is for the country to have a strong and robust energy industry. He hinted that a future announcement would come regarding nuclear energy. <\/p>\n

\u201cOur electricity gird essentially runs on gas, coal, and nuclear. Those are the three key sources. They\u2019re the backbone of the American electricity grid. We\u2019re in favor of seeing all three of them go,\u201d he said. \u201cYou will see all three of them grow during this administration, and in fact, later today, before the sun goes down, you\u2019ll see a big announcement in the nuclear space.\u201d <\/p>\n

Read more The United Nations says it is running out of money<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Trump was joined by several others in announcing the administration would invoke the Defense Production Act to fuel the projects<\/p>\n","protected":false},"author":1,"featured_media":1056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump announces $700 million investment in coal - American Movers Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanmovershub.com\/?p=1057\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump announces $700 million investment in coal - American Movers Hub\" \/>\n<meta property=\"og:description\" content=\"President Trump was joined by several others in announcing the administration would invoke the Defense Production Act to fuel the projects\" \/>\n<meta property=\"og:url\" content=\"https:\/\/americanmovershub.com\/?p=1057\" \/>\n<meta property=\"og:site_name\" content=\"American Movers Hub\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-04T23:08:12+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=1057#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=1057\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/#\\\/schema\\\/person\\\/b68c8483906c0d2987f271455f0177af\"},\"headline\":\"Trump announces $700 million investment in coal\",\"datePublished\":\"2026-06-04T23:08:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=1057\"},\"wordCount\":885,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=1057#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/americanmovershub.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/d855e3a217b7899d69759ddb9c0db1fd.avif\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/americanmovershub.com\\\/?p=1057#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/americanmovershub.com\\\/?p=1057\",\"url\":\"https:\\\/\\\/americanmovershub.com\\\/?p=1057\",\"name\":\"Trump announces $700 million investment in coal - 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