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AAP
AAP
Business
MATTHEW DALY (Associated Press)

Trump announces $700 million in new support for struggling coal industry

Donald Trump Coal United States the Energy Department White House

WASHINGTON (AP) — President Donald Trump is again seeking to boost the struggling U.S. coal industry, announcing a plan Thursday to spend nearly $700 million to support ​coal-fired power plants and coal exports.

Trump said the administration will use authority under a Cold War-era national defense law to support 13 coal plants across the country and help build coal plants in Alaska and West Virginia — the first new U.S. coal plants since 2013. The money will also help restart a shuttered coal-fired power plant in Maryland and support construction of a long-delayed coal export terminal in Oakland, California.

Together, the announcements will support or create more than 14,000 jobs in coal, construction, rail and maritime industries, a White House official said.

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