Trump launches $700M coal push with new plants and Oakland export terminal
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.