Trump to Order Pentagon to Buy Coal Power for National Security
Market Intelligence Analysis
AI-PoweredPresident Trump is set to announce an executive order requiring the Pentagon to purchase electricity from coal-powered plants, citing national security concerns, and will also allocate $175 million for coal plant upgrades.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
President Donald Trump is set to announce an executive order directing the Pentagon to buy electricity from coal-powered plants, Bloomberg reported, citing an unnamed White House official. The order will be motivated with the 1950 Defense Production Act, which gives the president the power to give private industries direction on the grounds of national security. In additional support for coal power, Trump will also announce plans for the disbursement of $175 million in federal funds for upgrades at six coal-powered plants in Virginia, West Virginia,…
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