Trump Administration Boosts Coal Industry with $625 Million Funding and Expansion Plans
TL;DR Summary
The U.S. Department of the Interior announced a significant expansion of coal leasing on federal lands, opening 13.1 million acres, reducing royalty rates, and streamlining project approvals to bolster domestic energy production, job creation, and national security, aligning with the Trump administration's energy strategy.
Topics:business#coal-leasing#energy#energy-dominance#federal-land#mineral-recovery#royalty-reduction
- Interior Unleashes American Coal Power in Bold Move to Advance Trump Administration Priorities U.S. Department of the Interior (.gov)
- ‘Mine, Baby, Mine’: Trump Officials Offer $625 Million to Rescue Coal The New York Times
- Trump administration to expand coal leasing, fund coal plant upgrades Reuters
- Trump admin puts $625M toward keeping coal plants open, lower energy costs Fox Business
- Trump officials to announce plan to boost coal output CNBC
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