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.
US president announces plans for two new coal plants, in Alaska and West Virginia, using Defense Production Act
Donald Trump is using wartime presidential authority to hand $700m to coal-fired power plants in the US, the latest move by the president to bolster what he called “clean, beautiful coal”, despite it being the dirtiest of fossil fuels.
“Today, we’re taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal,” he said at a press conference on Thursday.
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