Trump to use wartime powers to dole out $700m to coal industry
Summary
President Donald Trump is using a law from the Cold War era to give $700 million to coal power plants in the United States. This move is part of his ongoing support for the coal industry, despite concerns about its pollution and health effects.Key Facts
- President Trump is using the Defense Production Act to provide money to over a dozen coal power plants across the US.
- The coal plants supported include some that can export coal.
- Trump has supported coal by giving it grants, forcing consumers to pay to keep old plants open, and removing some pollution rules.
- Coal is the most polluting fossil fuel and contributes significantly to climate change and health problems.
- Environmental groups criticize this funding, saying it harms public health and the environment.
- Coal jobs in the US have dropped by over 90% in the last 100 years, and coal use has decreased by more than half since 2008.
- Cheaper natural gas and renewable energy sources are becoming more common, despite Trump’s policies favoring coal.
- The coal industry says more coal is needed to meet growing electricity demand from new technology like artificial intelligence.
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