West Virginia Governor praises Trump's $625M effort to strengthen coal industry [View all]

Source: msn


Story by Mike Harris • 10h

CHARLESTON, W.Va. — The Trump administration has announced a $625 million investment to support the coal industry, with funds directed toward keeping existing coal plants operating, lowering energy costs, and strengthening U.S. competitiveness against China in artificial intelligence.


West Virginia Gov. Patrick Morrisey praised the plan, calling it a win for the state’s energy sector. “I commend President Donald Trump and Secretary of Energy Chris Wright for backing West Virginia’s coal industry and supporting our ‘50 by 50’ policy,” Morrisey said. The state’s energy strategy relies heavily on coal and gas to expand production and meet future demands.

Energy Secretary Chris Wright detailed how the investment will be divided:
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“America needs to increase its energy production, and West Virginia has the opportunity to lead the way,” Morrisey added. He said upgrades to coal plants could reduce energy prices and create capacity to compete with China..................
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.....................The administration also announced steps to expand coal mining on federal lands. Interior Secretary Doug Burgum said the government will process leases for up to 400 million acres, adjust royalty rates, and release new coal leases..........................






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