Trump said:
Today, we’re taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal… As a result of the $700M investment that I’m announcing today, we will protect 14 coal plants and 42 coal mines, and build 2 new coal plants and one massive new export terminal… these actions will support over 14,000 jobs and save the American people $50B in electricity costs.
He added: “If you look at China, if you look at so many of the successful countries, they’re using coal. If you look at some of the real great failures, countries, they’re using wind. This keeps blowing, blowing, blowing, and puts you right out of business.”
Trump knows that the economy we must build, in the short and long term, will require a lot of power. AI data centers alone will need a sizeable portion of the new power generation he’s building out.
Energy Secretary Chris Wright told reporters that coal remains indispensable to generating electricity and for heavy industry.
