Trump’s $700 Million Boost Puts Clean, Beautiful Coal Back Where It Belongs
This week, President Trump announced $700 million in new funding to strengthen America’s coal industry and energy infrastructure. The plan includes support for 13 existing coal plants across many states, funding for new coal facilities in Alaska and West Virginia, a coal plant restart in Maryland, and a new coal export terminal in Oakland, California.
CBS News reports,
“Today, we’re 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,” Mr. Trump said from the Oval Office, where he announced the new funding initiative.
“If you look at China, if you look at so many of the successful countries, they’re using coal,” he added. “If you look at some of the real great failures, countries, they’re using wind.”
Power The Future Founder and Executive Director Daniel Turner praised President Trump’s latest announcement,
“President Trump not only understands that reliable energy is non-negotiable for a strong country, but is boldly acting on it. This investment is not just about clean, beautiful coal, it is about the miners, railroad workers, and power plant employees who keep America running. While climate extremists root for plant closures and higher prices, President Trump is investing in the workers and energy sources that actually keep the lights on.”
Power The Future’s recent report, Frozen by Fern, outlined the critical role coal and other dispatchable energy sources played during Winter Storm Fern. During the height of the storm, natural gas, coal, and nuclear provided roughly 80 percent of U.S. electricity while wind delivered single-digit percentages and solar was largely unavailable during the coldest and darkest hours. As America faces rising electricity demand this summer, coal will once again play a critical role in protecting families and powering businesses.
June 4, 2026