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Trump Announces $700 Million in Funds Meant to Boost Coal Industry

The president announced a total of $700 million in federal money to reinvigorate the domestic coal industry, which has been in decline for decades.

Β© Evelyn Hockstein/Reuters

Of the roughly $700 million in total funding, $425 million would be used to upgrade and extend the life of 13 coal plants that otherwise might have closed in the coming years.

Scientists Ditched a Scary Climate Scenario. What Now?

While global warming is still a threat, the decision to back away from a worst-case outlook raises questions about whether some risks have been overstated.

Β© Apu Gomes/Agence France-Presse β€” Getty Images

A wildfire burning in the Simi Valley of California this month.
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