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The Trump Administration Just Hatched Another Plan to Buoy Coal and Nuclear

The Trump administration is mulling the use of a Truman-era law to make good on the promise to restore the coal industry, according to a Thursday report from Bloomberg.

The Defense Production Act of 1950 offers the president power to implement subsidies for domestically produced materials in the name of national defense and also claims “it is necessary and appropriate to assure the availability of domestic energy supplies.”

Per reports, the Trump administration believes his authority under the law could be a way to help out nuclear and coal plants, and one that may have a better chance against judicial scrutiny.

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