President Announces $700 Million for New Domestic Coal Plants
The president announced $700 million in federal funding to support construction of the first new U.S. coal plants in 13 years. The money targets an industry that has declined for decades.
deccanchronicle.comThe president announced a total of $700 million in federal money to support the first new domestic coal plants in 13 years. The funding is intended to reinvigorate the domestic coal industry.
The announcement specifies the full amount will come from federal sources. No additional details on project locations or timelines were provided in the announcement. The domestic coal industry has been in decline for decades.
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