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Stock impact report

Trump directs military to strike new deals with coal-fired power plants: ‘Going to be buying a lot of coal' [FOX News]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: FOX News
President Donald Trump signed an executive order Wednesday directing the Department of War (DoW) to work directly with coal-fired power plants on new long-term power purchasing agreements, arguing the move would ensure "more reliable power and stronger and more resilient grid power." "That's why I'm also pleased to announce that in just a moment, I will sign an executive order that directs the Department of War to work directly with coal plants on the new power purchasing agreements, ensuring that we have more reliable power and stronger and more resilient grid power," Trump said. "And we're going to be buying a lot of coal through the military now, and it's going to be less expensive and actually much more effective than what we have been using for many, many years." The executive order , titled "Strengthening United States National Defense with America's Beautiful Clean Coal Power Generation Fleet," states: "The United States must ensure that our electric grid … remains resil Show less Read more
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