WATCH LIVE: Trump to announce $700 million in coal support
President Donald Trump is expected to announce about $700 million in support for coal-fired power and coal exports on Wednesday. The plan would use Cold War-era Defense Production Act authorities to boost private industrial production viewed as vital to U.S. security. The piece notes that coal’s share of U.S.energy has fallen over the past two decades,and it also points to the Environmental Protection Agency rolling back some Biden-era anti-pollution rules amid growing energy demand.
President Donald Trump is expected to announce roughly $700 million in support for coal-fired power and coal exports on Wednesday at 3 p.m. from the Oval Office.
TRUMP TO USE WARTIME POWERS TO SPEND $700 MILLION TO BOOST COAL PLANTS AND EXPORTS
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Coal power was once the nation’s dominant energy source, but it has declined over the past two decades. Trump is expected to use powers from the Cold War-era Defense Production Act, which allows the president to boost private industrial production deemed important to U.S. security.
At the same time, the Environmental Protection Agency has rolled back various Biden-era anti-pollution measures to meet rising energy demands from artificial intelligence and lower costs from the war in Iran.
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