Growing Calls for Coal Power Funding
Advisory councils for the coal industry are calling on the Trump administration to provide financial support, including loan guarantees and grants, to support existing coal plants and facilitate the construction of new ones in the United States. They recommend entering into power purchase agreements and easing the construction of new plants by removing regulatory and financial hurdles, as well as repealing greenhouse gas regulations that impact the coal industry. This comes at a time when U.S. coal production increased by approximately 3% last year, reaching around 528 million tons, amid rising electricity demand—though this has contributed to an increase in carbon emissions.
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