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President Donald Trump announced a $700 million investment aimed at boosting clean coal production, arguing the move will strengthen U.S. energy security and reduce dependence on foreign energy sources. The announcement comes as Americans continue to face rising fuel prices, with gasoline costs putting added pressure on household budgets nationwide. Trump said the investment will help create jobs, support domestic energy production, and bolster economic growth. Supporters view the initiative as a step toward greater energy independence, while critics question its environmental impact and long-term viability.



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Transcript
00:00So today we're taking historic action to bring down the price of energy and the cost of living for all
00:07Americans with the power of clean, beautiful coal.
00:12If you look at China, if you look at so many of the successful countries, they're using coal.
00:19If you look at some of the real great failures countries, they're using wind.
00:24This keeps blowing, blowing, blowing and puts you right out of business.
00:28It's very expensive, most expensive energy there is.
00:32So wind is not working very well, but they keep it going because people get subsidies by countries that are
00:40stupid.
00:40Doug, I would say we haven't been long on wind.
00:43Do you agree with that?
00:45He understands numbers very well.
00:47You know, Doug was very, very successful.
00:49Believe it or not, I used to think it was in energy, but he was successful in technology.
00:54He sold his company to, I think, Microsoft, right?
00:58And for a lot of money, and he ran for politics, he ran for office, went to North Dakota, won
01:04immediately, won governor, very successful for eight years.
01:09And I watched him doing one of the performances of some very talented people.
01:15And I said, we're going to get him to work for us.
01:17And then I said I was going to put him in charge of energy.
01:20And he said, sir, there's a better man than me for that one.
01:24Not in all ways, you feel that, but in energy, Joe.
01:28And that was Chris, right?
01:30Where is Chris?
01:31Right behind you.
01:33He's a hard one to find.
01:35And Chris has done a fantastic job.
01:38And he's one of the reasons we're here tonight.
01:41We have had, we're right now double Saudi Arabia and Russia.
01:47If you double them up, that's what we produce, more than anybody else times two.
01:52So think of that.
01:54As a result of the $700 million investment that I'm announcing today, we will protect 14 coal plants and 42
02:03coal mines.
02:04It's a tremendous number.
02:06And build two new coal plants and one massive new export terminal, because we're exporting coal.
02:13Coals are a great business, really a big business.
02:17And it's real power.
02:19In terms of power, there's really nothing like it.
02:24You have so many different alternatives.
02:27They talk about some, but there's no real alternative.
02:30China, by the way, last year built 52 coal plants.
02:34They built about two windmills.
02:37You know, the only time they build a windmill is when they're trying to sell them to stupid people from
02:42the United States.
02:43The suckers.
02:45And by the way, and all over Europe.
02:48They sell the windmills, but they don't use them.
02:50I wonder why.
02:51They use coal plants and other things.
02:54These actions will support over 14,000 jobs and save the American people $50 billion in electricity costs.
03:03We're pleased to be joined by Secretary of the Interior, Doug Bergman.
03:07He has been great.
03:08I don't want to give him a big swollen ego, because then all of a sudden he'll leave me and
03:12I'll be stuck with Interior.
03:15I don't want to be stuck.
03:16But he's really done a great job.
03:19Secretary of Energy, Chris Wright, is fantastic.
03:22And maybe our MVP.
03:24What do you think, Doug?
03:25It's close.
03:26Yes, right here.
03:26What do you think?
03:27MVP?
03:29Lee Zeldon.
03:30And the job he's done is great.
03:32We had the auto industry in yesterday.
03:35They don't want people to fix their car.
03:37I said, that's strange.
03:38I've never heard of that.
03:40They have a thing to...
03:42Nobody's allowed to fix their car.
03:43They gave a man seven years in jail, actually, because he fixed his own car.
03:48So I thought we'd do something about that.
03:49But we'll get it all straight in a while.
03:52Can you believe it?
03:53They want a bill that prohibits people from fixing.
03:56So if you're mechanically inclined...
03:58You know, I grew up, I went to school with some guys.
04:01They were, in some cases, horrible students.
04:04But they could fix an engine, blindfold it.
04:06They could take a car apart, blindfold it.
04:09But they weren't too good at arithmetic and other things.
04:13But they were great.
04:15And so there's a move on to stop people from fixing their car.
04:19I didn't understand it.
04:20But we had a great meeting yesterday with the head of General Motors and Roger Penske, head of Ford.
04:26We had a great meeting, I think.
04:29Thanks as well to a friend of mine also for a long time, West Virginia governor, Patrick Morris.
04:36That won by 45 points, Patrick.
04:39It's not enough.
04:41I love those people.
04:43And Wyoming, I think maybe even slightly more than West Virginia.
04:47I think just a little.
04:48We did.
04:49I like this group of people.
04:52But Wyoming governor, Mark Gordon, respected guy, great governor.
04:55Both of them, really amazing.
04:58And representatives Dan Muser, Riley Moore, Derek Van Orden, Juan Siskelmany, and Andy Barr.
05:08So you have a lot of representatives here that are fantastic.
05:12Today we're officially invoking the Defense Production Act to save 13 coal plants in West Virginia,
05:18Kentucky, North Carolina, Indiana, Tennessee, Arizona, Arkansas, Oklahoma, North Dakota, and Wisconsin.
05:25These were incredible plants.
05:29So productive.
05:31Really producing a lot of the electricity.
05:34Right?
05:34The electricity.
05:36It's really the best of that.
05:37You know, when they find something better, Chris, I think we'll be all set for it, right?
05:42But there are a long ways from finding something better.
05:46It's critical.
05:47And so when you look at that, those states, West Virginia, Kentucky, North Carolina, Indiana,
05:52Tennessee, Arizona, Arkansas, Oklahoma, North Dakota, Wisconsin.
05:57What do they all have in common?
06:00Trump's got them.
06:00We're starting to hear from the time.
06:01I want everyone of them.
06:02By a lot, right?
06:04Yeah.
06:04I'm not even mentioning Pennsylvania, which we want all.
06:07That's all right, Chris.
06:08But we want them all.
06:09We want probably one of all 50.
06:13We had an honest count, if you want to know the truth.
06:16Our action will allow these facilities to invest in upgrades that will extend their operational
06:22lives for decades into the future, reinforce the reliability of our electric grid, which
06:30is really the biggest beneficiary, and most importantly, keep electricity prices very low for the American
06:36people.
06:37This brings the total number of coal plants that we've saved during my administration,
06:41just like when we said we saved 25 water fountains.
06:46Think of this.
06:47These are fountains, beautiful fountains that were so horrible to look at with the graffiti.
06:54Over 40 years, many of them closed over 40 to 50 years.
06:58The big one, the reflective lake, in fact, some people go to pond, some people it's like
07:04a lake, but the reflective lake was built in 1922.
07:10It never really worked from the beginning, from 1922.
07:13That's a long ways.
07:15So it's over 100 years old, and it never really worked because they had the wrong base.
07:21It was always leaking.
07:22They didn't have what we have today.
07:24So it's pretty amazing what's happened.
07:26And, you know, I hate to say it won't leak, but it won't leak because we use the material
07:31that doesn't allow leaks.
07:33You know, it's like a swimming pool doesn't leak.
07:36You use the right...
07:36This is called swimming pool on steroids.
07:40So it's great stuff.
07:42And today's actions, we're also supporting coal mines and coal miners in Wyoming and Pennsylvania,
07:52Kentucky, West Virginia, Ohio, Indiana, Illinois, North Dakota, and New Mexico.
07:59And they're going to...
08:01They're all going back to work.
08:02You know, it's interesting with the mines, that famous scene of Hillary while we went to
08:07West Virginia.
08:08And she had just left another state, and she was trying to convince everybody that they
08:14should go into technology, no longer be miners.
08:16And these guys in West Virginia, they didn't want to hear about it.
08:19They wanted to be...
08:20Remember that scene around the table?
08:22They talked to this beautiful, big, strong miner, and they wanted him to make computer chips.
08:28She said, well, teach him how to make computer chips.
08:32His hands were so large, he couldn't hold a computer chip.
08:35He's like, fingers are like three inches around, talking about making a computer chip.
08:41And he didn't like it, and he ended up being one of our best ads ever.
08:46She wasn't...
08:46And she did rather poorly.
08:48She lost...
08:49I think she lost by 77 points or something like that.
08:52Pretty tough to go knock, you knock coal, and then you go two weeks later to West Virginia
08:58to try and win the state.
08:59It didn't work out well for her.
09:01But the miners love us.
09:03What do you think we got with the coal miners?
09:06Would you say we got 90 percent, 100 percent?
09:10What do you think we were on the street?
09:11It's pretty high.
09:12Yeah, pretty high.
09:12Probably higher than any group in the country.
09:14Pretty high.
09:15It was a 90.
09:15Yeah, it can't be bad.
09:17Well, we did well with all the groups.
09:19I'll tell you, the group that now likes us are the auto workers, because we're building
09:23more auto plants now than at any time in the history of our country.
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