Key facts
- Donald Trump plans to use Cold War-era authorities.
- The plan involves allocating federal dollars to support coal-fired electricity.
- The plan also aims to support US exports of coal.
President Donald Trump is reportedly preparing to utilize authorities from the Cold War era to direct substantial federal funding towards the coal industry. The initiative aims to support the development of new coal-fired electricity generation facilities and to bolster the export of coal from the United States. This plan signifies a potential shift in energy policy, prioritizing fossil fuels.