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In Trump’s Megabill, a Clean Energy Phase Out and a Big, Beautiful Tax Break for Met Coal Exporters
The legislation would slowly scale back investments in renewables and provide a production tax credit to coal companies that could amount to hundreds of millions of dollars each year.
By Lee Hedgepeth
A provision slipped into President Trump’s so-called One Big Beautiful Bill Act would provide millions of dollars in tax credits to U.S. companies that produce metallurgical coal—coal largely exported overseas for use in foreign steelmaking.