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Trump announces $700 million investment in coal plants, California export terminal

Trump announces $700 million investment in coal plants, California export terminal

Summary

President Donald Trump announced that his administration will invest $700 million to support coal power plants and build a new export terminal in California. This funding aims to boost energy infrastructure and increase coal exports.

Key Facts

  • President Trump announced a $700 million investment.
  • The money will support coal power plants.
  • A new export terminal in California is part of the plan.
  • The purpose is to improve energy infrastructure.
  • The investment helps increase coal exports from the U.S.
  • The announcement was made on a Thursday.
  • CBS News provided coverage with expert analysis.
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