Power
President Trump Participates In Champion Of Coal Event At The White House
(Anna Moneymaker/Getty Images)

President Trump, the “undisputed champion of beautiful, clean coal,” wants the Defense Department to start buying more of it

US total coal consumption, however, has plummeted in the last two decades.

During the inaugural Champion of Coal event held at the White House last week, President Trump — having just been presented with the “Undisputed Champion of Beautiful, Clean Coal” award by the chair of the National Coal Council and CEO of Peabody Energy, Jim Grech — signed an executive order directing the Department of War to approve and prioritize power contracts with the coal industry moving forward.

The move to get the US government’s largest energy consumer to start buying more coal is the latest in a line of public declarations and policies from the president to show his support for the natural resource as he attempts to revive the industry around it.

Ashes to ashes

The latest announcement hasn’t been without its critics, however, with some people arguing against the directive on environmental and fiscal grounds. Energy experts told The New York Times that even if the Defense Department shifted its entire energy demand to be powered by coal exclusively, that would still only amount to about 3% of the nation’s current total capacity. Indeed, it would take quite a lot to turn around America’s coal consumption, which has largely been eschewed in the US energy mix in favor of natural gas and renewables like wind and solar.

Coal consumption chart
Sherwood News

Though coal has helped prop up some of the increasing energy demand from America’s ever-expanding data center landscape — consumption even rose slightly last year to break a 15-year declining streak — the resource has fallen by the wayside more broadly as the nation’s clean energy boom continues. Per the latest monthly figures from the US Energy Information Administration, national coal consumption sat at just above 34 million short tons in October — about 60% of the level it was at 10 years ago and just over a third of what it was during the 2007 summer peak.

The US is hardly the only nation where coal has fallen out of favor, though, with global consumption expected to have peaked last year and forecast to drop by 3% around the world by 2030. Clearly, when America gets too much soot up its nose, much of the rest of the world sneezes.

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Jon Keegan

Anthropic donates $20 million to pro-AI regulation PAC

The war to build a better AI model may be mostly happening in Silicon Valley, but now another important front has opened: Washington, DC.

Anthropic announced a $20 million donation to Public First Action, a new super PAC that advocates for AI policies and regulations that prioritize public safety. The PAC describes itself as “a counterforce that will defend the public interest against those who aim to buy their way out of sensible rule-making.”

The move is seen as a counter to OpenAI’s growing investments in PACs that argue for less AI regulation.

OpenAI recently donated to Leading the Future PAC, which has received over $50 million from the family of OpenAI president and cofounder Greg Brockman, and the VC firm Andreessen Horowitz. The PAC says it is focused on “identifying, maintaining, and growing pro-AI candidates in order to support an AI innovation policy agenda at the state and federal level.”

OpenAI’s Brockman and his wife, Anna, recently donated a total of $25 million to the pro-Trump MAGA, INC. PAC.

OpenAI recently donated to Leading the Future PAC, which has received over $50 million from the family of OpenAI president and cofounder Greg Brockman, and the VC firm Andreessen Horowitz. The PAC says it is focused on “identifying, maintaining, and growing pro-AI candidates in order to support an AI innovation policy agenda at the state and federal level.”

OpenAI’s Brockman and his wife, Anna, recently donated a total of $25 million to the pro-Trump MAGA, INC. PAC.

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Looking into its Warner Bros. acquisition, the DOJ probes Netflix for anticompetitive tactics

As the Department of Justice probes Netflix’s proposed $83 billion acquisition of Warner Bros. Discovery, it has reportedly subpoenaed at least one other entertainment company to investigate whether the streamer has taken part in anticompetitive behavior.

Netflix said the DOJ is conducting a standard review and it expects its acquisition to be approved.

Per Wall Street Journal reporting, the DOJ is also seeking out information on how Paramount’s proposed acquisition could harm competition in the entertainment industry.

Netflix has argued that its acquisition of WBD would not be anticompetitive, as there is an 80% overlap in Netflix and HBO Max subscribers. The company has said it competes not just with streaming services but also with broader content platforms like YouTube and TikTok for attention. Netflix booked $45.2 billion in revenue in 2025, compared to YouTube’s $60 billion.

The streamer has repeatedly said it will stick to a 45-day theatrical release window for Warner Bros. films. Movie theater trade groups have pointed out that after theatrical release, many films move to premium video on-demand (PVOD), where they can be digitally rented or purchased for several more weeks or months before moving to streaming (subscription video on-demand, or SVOD). According to Cinema United, the average SVOD window for major theatrical films is 102 days, significantly longer than the potential 45-day window for Netflix.

Per Wall Street Journal reporting, the DOJ is also seeking out information on how Paramount’s proposed acquisition could harm competition in the entertainment industry.

Netflix has argued that its acquisition of WBD would not be anticompetitive, as there is an 80% overlap in Netflix and HBO Max subscribers. The company has said it competes not just with streaming services but also with broader content platforms like YouTube and TikTok for attention. Netflix booked $45.2 billion in revenue in 2025, compared to YouTube’s $60 billion.

The streamer has repeatedly said it will stick to a 45-day theatrical release window for Warner Bros. films. Movie theater trade groups have pointed out that after theatrical release, many films move to premium video on-demand (PVOD), where they can be digitally rented or purchased for several more weeks or months before moving to streaming (subscription video on-demand, or SVOD). According to Cinema United, the average SVOD window for major theatrical films is 102 days, significantly longer than the potential 45-day window for Netflix.

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Report: Meta pouring $65 million into PACs backing pro-AI state candidates

With a pro-tech, pro-AI administration in Washington, DC, Meta has decided the next battlegrounds that it needs to flood with cash are in individual states.

Starting in Meta’s home state of California, the tech giant is pledging $65 million to a pair of super PACs that it created to fund pro-tech and pro-AI candidates at the state level, according to a report from Politico.

Meta has funded the American Technology Excellence Project ($45 million) and Mobilizing Economic Transformation Across (META) California ($20 million) to push back on what it sees as burdensome AI regulations coming from state legislatures.

The META California PAC will support tech-friendly candidates regardless of party.

Starting in Meta’s home state of California, the tech giant is pledging $65 million to a pair of super PACs that it created to fund pro-tech and pro-AI candidates at the state level, according to a report from Politico.

Meta has funded the American Technology Excellence Project ($45 million) and Mobilizing Economic Transformation Across (META) California ($20 million) to push back on what it sees as burdensome AI regulations coming from state legislatures.

The META California PAC will support tech-friendly candidates regardless of party.

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