Trump administration says it will expand coal leasing, fund coal plant upgrades

Investing.comMonday, September 29, 2025 at 3:24:41 PM
Trump administration says it will expand coal leasing, fund coal plant upgrades
The Trump administration has announced plans to expand coal leasing and provide funding for upgrades to coal plants. This move is significant as it aims to boost the coal industry, which has faced challenges in recent years due to environmental concerns and competition from renewable energy sources. By investing in coal infrastructure, the administration hopes to create jobs and stabilize energy prices, making it a noteworthy development for both the economy and energy sector.
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