WASHINGTON (AP) — President Donald Trump is again seeking to boost the struggling U.S. coal industry, with an announcement expected Thursday to spend nearly $700 million to support coal-fired power plants and coal exports.
Trump is expected to speak ay 3 p.m. EDT. Watch live in our video player above.
A White House official 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 coal-fired power plant in Maryland and support construction of a long-delayed coal export terminal in Oakland, California.
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Together, the announcements will support or create more than 14,000 jobs in coal, construction, rail and maritime industries, a White House official said. The official spoke on condition of anonymity because they were not authorized to discuss the details ahead of Trump's expected announcement later Thursday at the White House.
