1 Day
Source:
Los Angeles Times
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Trump uses emergency powers for $700M coal project
President Trump announced the use of the Defense Production Act to invest nearly $700 million into the coal industry, including upgrading existing plants, building new ones in Alaska and West Virginia, restarting a shuttered Maryland plant, and constructing a new coal export terminal in Oakland. The plan aims to support coal as a matter of national security, despite environmental concerns and the declining competitiveness of coal compared to renewable energy sources. Critics warn that this move will raise utility bills, increase air pollution, and hinder efforts to combat climate change.
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