Trump launches $700M coal push with new plants and Oakland export terminal
TL;DR Summary
President Trump will announce a $700 million plan under the Defense Production Act to fund a new Oakland coal export terminal, upgrade 13 existing plants in 10 states, back two new coal plants in Alaska and West Virginia plus restart one in Maryland, and provide nearly $200 million in DOE grants; White House says the move will create thousands of jobs and save energy costs, signaling a continued push for fossil fuels.
- Trump to announce $700 million investment in new coal plants and export terminal CBS News
- Trump Plans $700 Million Push to Build Coal Plants, Export Site Bloomberg.com
- Trump Initiative Would Restart AES Warrior Run WCBC Radio
- Trump to announce nearly $700 million in coal support Axios
- Trump plans $700 million in new coal support, White House official says Reuters
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