Trump Tosses Lifelines to the Struggling Coal Industry

Trump Tosses Lifelines to the Struggling Coal Industry

The New York Timesbusiness

Key Points:

  • The Trump administration ordered two coal-fired power plants in Indiana to remain operational beyond their planned closure dates and extended compliance deadlines for hundreds of coal plants to prevent toxic chemical leaks into drinking water sources.
  • These actions are part of a broader effort by the administration to support the coal industry and prevent plant closures during President Trump's tenure.
  • The day before, the administration halted five offshore wind projects along the East Coast, which were expected to supply power to over 2.5 million homes and businesses, signaling a move against renewable energy development.
  • Critics argue these measures prioritize fossil fuels like coal, which emit high levels of carbon dioxide and harmful toxins such as mercury, thereby undermining environmental and clean energy progress.