Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--In the face of declining exports and increased clean energy, the U.S. government has opted to offer funding to refurbish and upgrade existing coal-fired power plants.
On Friday, U.S. Energy Secretary Chris Wright put $100 million in federal funding on the table to support coal-fired power, arguing that previous presidents Barack Obama and Joe Biden were relentless in targeting the nation's coal industry, which he maintained led to higher electricity costs.
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