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Stock impact report

Will Trump's Coal Comments To Davos 'Greenies' Revive US Miners? [zero hedge]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: zero hedge
Will Trump's Coal Comments To Davos 'Greenies' Revive US Miners? President Donald Trump declared a national energy emergency to boost fossil fuel power generation amid surging load demands on the grid via the ' Powering Up America ' theme, including AI data centers, electrification of the economy, and re-shoring trends. The move by Trump underscores a massive policy shift from the Biden-Harris regime's 'green' policies that only acted as a 'throttle' on the economy, making US companies less competitive globally. Meanwhile, China ramped up cheap energy via an explosion in coal-fired power production . "They can fuel it with anything they want, and they may have coal as a backup — good, clean coal," Trump said in a virtual appearance at Thursday's annual World Economic Forum in Davos, Switzerland. Trump said that if critical infrastructure, such as natural gas and oil pipelines, gets "blown up," coal could be used as a critical backup energy source . He noted, "We have more coal than an Show less Read more
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