Trump officials to announce plan to boost coal output [CNBC]
U.S. Global Investors, Inc. - Class A (GROW)
US:NASDAQ Investor Relations:
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Source: CNBC
President Donald Trump in April signed executive orders to increase coal output, in one of his many actions that run counter to global efforts to cut carbon emissions. Coal-burning plants generated about 15% of U.S. electricity in 2024, a fall from 50% in 2000, according to the Energy Information Administration, as fracking and other drilling methods have hiked natural gas output. Solar and wind power growth has also cut coal use. The coal workforce has sunk to about 40,000 from 70,000 10 years ago. Secretary of the Interior Doug Burgum, Environmental Protection Agency Administrator Lee Zeldin, and an Energy Department official are scheduled to hold an event on coal at the Interior Department later on Monday. Chris Wright, the U.S. energy secretary, told Reuters last week he expects most of the nation's coal-fired power plants to delay retirement to help deliver electricity needed to fuel artificial intelligence. Last month, Wright extended his emergency order to keep a Michigan
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GROW
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- 11/12/25 - Form 8-K
- GROW's page on the SEC website