AssetID: 55750450
Headline: UNCAPTIONED: Trump Announces $700m Investment In US Coal Industry
Caption: Trump Announces $700m Investment In US Coal Industry. President Donald Trump has unveiled a 700 million dollar investment aimed at boosting the US coal industry. The funding comes as the administration looks to shield Americans from rising energy costs following the conflict with Iran. To support the plan, Trump is using the Defense Production Act, a wartime law that gives presidents broad powers to back industries deemed important to national security. The package includes 500 million dollars to help preserve existing coal plants and develop a new coal export terminal in California. A further 200 million dollars will be used to build new coal-fired power plants in Alaska and West Virginia. Trump said the investment will protect 14 coal plants and 42 coal mines while creating thousands of jobs. The new projects would mark the first coal plants built in the United States since 2013. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,President,Donald Trump,United States,Coal,mining,investment,boost,industry,workers,jobs,coal plants $700 million,export terminal,California,develop,Alaska,West Virginia,politics,future,American,citizens
PersonInImage: