Trump Announces $700 Million in Funds Meant to Boost Coal Industry NYT - Energy & Environment By: Maxine Joselow and Brad Plumer 4 June 2026 at 21:56 The president announced a total of $700 million in federal money to reinvigorate the domestic coal industry, which has been in decline for decades. © Evelyn Hockstein/ReutersOf the roughly $700 million in total funding, $425 million would be used to upgrade and extend the life of 13 coal plants that otherwise might have closed in the coming years.
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