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News in English (USA) / 08.04.2025 / 17:00

Trump to Sign Executive Orders to Boost U.S. Coal Industry

In a move aimed at revitalizing the struggling U.S. coal industry, Trump is set to sign a series of executive orders today. These orders are expected to promote coal as a reliable, although polluting, energy source. Industry sources indicate that the initiative may also focus on using coal power to support data centers, particularly in the context of advancements in artificial intelligence. However, this decision comes amidst a challenging market environment for coal and growing concerns over climate change. The local union leader is scheduled to witness the signing ceremony, while coal stocks have already shown a positive response, jumping in anticipation of the orders. Critics, however, argue that relying on coal does not address the pressing climate crisis of the 21st century.
Reuters, AP News, Bloomberg.com, wccsradio.com, Seeking Alpha, TechCrunch, E&E News by POLITICO, ehn.org, Investing.com India, MSN