Trump pumps federal funds into coal plants in the name of energy security
05-06-2026 17:15 via theregister.com

Trump pumps federal funds into coal plants in the name of energy security

The Trump Administration is using Cold War-era rules to authorize up to $500 million in funding to keep 13 coal-fired power plants going and build a coal export terminal in California. America's Department of Energy (DoE) says it is securing the funding via the Defense Production Act (DPA), which grants the president authority to use federal financial incentives to stimulate private domestic industry deemed critical to national defense. At the same time, the DoE announced that one of the advance
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