Trump expected to announce $700M boost for coal

President Trump plans to announce a $700 million investment in the coal industry, aiming to shore up existing coal plants and support a new export terminal in California. This move, facilitated by wartime authority under the Defense Production Act, underscores the administration's commitment to coal despite growing concerns over climate change and the shift towards renewable energy sources. This funding could bolster short-term job security for coal workers but raises questions about the long-term sustainability and environmental impact of coal in a transitioning energy landscape.