President Trump just declared a fake emergency, invoking the Defense Production Act, to hand nearly $700 million in taxpayer money to the coal industry.
Here's where your money is going:
$425 million to prop up 13 failing coal plants across 10 states.
$75 million for a new coal export terminal in Oakland, California.
Nearly $200 million to build two new coal plants, the first in the U.S. since 2013, and restart another in Maryland.
And you're not just paying once.
You're paying through your federal taxes. You're paying again through higher electricity bills. Meanwhile, coal executives and monopoly utility companies cash in.
The truth: clean energy is the cheapest source of new electricity. Forcing coal plants open costs more, not less. Now, the Trump administration is using emergency wartime powers to make you foot the bill.
At a time when families are stretched thin, no one should be forced to bail out fossil fuel CEOs.
