President Donald Trump's return to office could bring some temporary relief to the beleaguered U.S. coal industry.
US coal producers’ shares climbed after President Donald Trump promoted the fuel as a power source during a video address Thursday to the World Economic Forum in Davos, Switzerland.
President Donald Trump vowed to use coal to power future artificial intelligence endeavors because he said the energy source was bomb-proof.In a Thursday speech at Davos, Trump falsely claimed he was the first to suggest locating artificial intelligence data centers near energy production
Some coal plant owners have already pushed back retirement timetables. The largest example, this one from just before the election, is the Gibson plant in Indiana, the second-largest coal plant in the country. It’s set to close in 2038 instead of 2035, following an announcement in October from the owner, Duke Energy.
President Donald Trump said on Thursday the United States would guarantee supplies of liquefied natural gas to Europe, even amid worries that the booming export industry could boost prices of gas for U.
A record 47% of the European Union’s electricity is from solar and other renewables, showing the gap between the EU and Trump's fossil fuel push.
As promised, President Donald Trump began reversing the country’s energy policies on his first day in office with a spate of orders largely favoring oil, gas and coal.
U.S. President Donald Trump told global business leaders on Thursday they should manufacture products in the United States to avoid import tariffs and enjoy low tax rates.
President Donald Trump said he will expedite the construction of power plants for artificial intelligence through an emergency declaration. Trump said the plants can use whatever fuel they want, including coal.
Trump suggested that coal could help meet the growing electricity demand from manufacturing and large data centres for artificial intelligence (AI). Energy experts warn that any boost for coal under Trump is likely to be short-lived,