CHARLESTON, W.Va. — On Monday, the Trump administration announced a $625 million investment in the nation’s coal industry.
The administration’s plan strives to keep the doors open at many coal plants, lower energy costs nationwide, and win the global AI race.
The investment is highlighted by a $350 million commitment to modernize coal plants with reliable electric power and capacity. $175 million will be going towards projects expected more reliable and less costly energy to rural areas.
Also part of Trump’s investment is a $50 million commitment to wastewater management systems. The funds will go towards upgrades needed to extend the lifespan of coal plants and reduce operating costs.
“This is a major victory for both West Virginia and the United States,” Governor Patrick Morrisey sai