Energy · 19 views
AI Boom or Political Play? Trump Channels Defense Funds Into Dying Coal Plants
The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new construction, and push open a Californi…
Summary
The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new construction, and push open a California export terminal that has been blocked for nearly two decades.
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