TRUMP DIRECTS HUNDREDS OF MILLIONS OF DOLLARS TO SUPPORT COAL USING EMERGENCY POWERS (Reuters) - President Donald Trump said on Thursday he is directing hundreds of millions of dollars to support U.S. coal power plants and to ship the carbon-intensive fuel to Asia, with most of the funding coming from Cold War-era emergency powers. Trump invoked the Defense Production Act, a 1950 law granting presidents broad authority over industries deemed critical to national security, to fund $425 million in upgrades to 13 coal-fired power plants and $75 million to support the proposed West Gateway coal export terminal in Oakland, California. Full article: https://www.msn.com/en-us/news/us/trump-directs-hundreds-of-millions-of-dollars-to-support-coal-using-emergency-powers/ar-AA24Rh9n?ocid=msedgntp&pc=HCTS&cvid=6a21fb2c1eb643b18e14c5452d0f04a0&ei=88(FXHedge)