Trump Business Monitor

Trump Launches Coal Revival Initiative

Trump Launches Coal Revival Initiative

Key Questions

What actions is Trump taking under the Coal Revival Initiative?

Trump is invoking the Defense Production Act to boost coal production and has announced a $700M investment supporting 13 coal plants. The plan also includes new plants in Alaska and West Virginia plus an export terminal in Oakland.

How many jobs are expected from the coal initiative?

The announcement claims the initiative will create 14,000 jobs. It also promises lower energy costs for consumers through increased domestic production.

Which funding mechanism is being used for the coal plant upgrades?

The program taps defense funding, including for Indiana coal upgrades. This supports the broader $700M investment in coal plants and exports.

Trump invokes Defense Production Act to boost coal production, announces $700M investment supporting 13 coal plants, new plants in AK/WV, export terminal in Oakland, claims 14k jobs. Promises lower energy costs.

Sources (2)
Updated Jun 6, 2026