Trump unveils $800M plan to spark a coal-power revival
TL;DR
The Trump administration plans to invest more than $800 million in public funds to revive coal-fired power, funding new plants in Alaska and West Virginia and propping up about 14 struggling facilities across 11 states, tapping clean-energy funds and invoking the Defense Production Act; the move, which could face legal challenges, aims to revive an industry increasingly uneconomic next to natural gas and renewables.
- Trump announces $800 million plan to prop up the struggling coal industry The Washington Post
- Trump uses wartime powers to dole out $700m to ‘clean, beautiful’ coal The Guardian
- Trump administration selects proposed coal project for $89 million grant in Susitna River watershed Anchorage Daily News
- Trump announces $700 million investment in coal plants and California export terminal CBS News
- Trump plans to fund Oakland coal terminal The Oaklandside
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