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US Business · reuters.com · Friday, 5 June 2026

Trump Invokes Defense Production Act to Pump $700 Million Into Coal

President Donald Trump announced a $700 million package to upgrade coal plants, fund a new export terminal, and revive projects, using Cold War‑era Defense Production Act authority. The administration pitches coal as essential for AI‑driven data centers and U.S. energy security, drawing criticism from environmental groups.

Read the source: reuters.com ↗In the 5 June issue →