All Topics
All Topics
Technology
Technology
AI
AI
Business
Business
Entertainment
Entertainment
News
News
Programming
Programming
Security
Security
Science
Science
Design
Design
Environment
Environment
Finance
Finance
Crypto
Crypto
Politics
Politics
Sports
Sports
Education
Education
Gaming
Gaming
Art
Art
Music
Music
Health
Health
Books
Books
Food
Food
Travel
Travel
Personal
Personal
Bluesky
Twitter

Trump invokes Defense Production Act to fund $700M coal export terminal in Oakland

By

Hayley Smith

1mo ago· 5 min readenNews

Summary

President Trump announced plans to invoke the Defense Production Act, a Cold War-era emergency law, to direct nearly $700 million into the coal industry. This includes constructing a new West Coast coal export terminal in Oakland, California, and upgrading 13 existing coal plants across the country. The move uses national security justification to support the declining coal sector.

Source

bskyTrump invokes Defense Production Act to fund $700M coal export terminal in Oaklandlatimes.com

Key quotes

· 3 pulled
President Trump on Thursday said he will invoke Cold War-era emergency powers to direct a nearly $700-million investment into the waning coal industry
Trump said he will use the Defense Production Act, a 1950 law that grants the president emergency authority over domestic industries deemed critical to national security
He also announced the upgrading of 13 existing coal plants across the country
Snippet from the RSS feed
The president said he will invoke Cold War-era emergency powers to direct a nearly $700-million investment into the waning coal industry, including construction of a West Coast coal export terminal in Oakland.

You might also wanna read

Comments

Sign in to join the conversation.

No comments yet. Be the first.