Trump announces $800 million plan to prop up the struggling coal industry
The Washington Post • • nation
Key Points:
- The Trump administration plans to invest over $800 million to revive coal power nationwide, aiming to support the struggling industry.
- Funds will be used to open the first new U.S. coal plants since 2013, specifically in Alaska and West Virginia.
- The subsidies will also help keep 14 existing coal plants operational across 11 states, including Maryland and Arizona.
- The funding will come from clean energy funds previously passed by Congress, despite coal being a highly polluting fuel.