President Trump is scheduled to make an “announcement on Beautiful, Clean Coal” this afternoon in the Oval Office.

The President will reportedly announce a nearly $1 billion investment in energy infrastructure in over a dozen states using the Defense Production Act.

Per CBS:

Mr. Trump on Thursday is expected to announce $700 million in funding for coal plants and energy infrastructure during an afternoon Oval Office event dubbed “Beautiful, Clean Coal.” A White House official confirmed the details of the plan, which was first reported by Bloomberg.

Mr. Trump will invoke the Defense Production Act, a Cold War-era law that gives the U.S. president emergency authority over domestic industries, to distribute $75 million for a new coal export terminal in Oakland, California, and $425 million to support 13 existing plants across 10 states: West Virginia, Kentucky, North Carolina, Indiana, Tennessee, Arkansas, Arizona, Oklahoman, North Dakota and Wisconsin.

The president is also expected to announce nearly $200 million in Department of Energy grants to build two new coal plants in Alaska and West Virginia and to restart a coal plant in Maryland. The facilities in Alaska and West Virginia would be the first new coal plants built in the U.S. since 2013.

A White House official said the initiative will create thousands of jobs for miners, railroad workers, engineers and construction workers and save consumers $50 billion in energy generation costs.

The event is scheduled to start at 3 pm ET.

Watch live below:

Jordan Conradson Jordan Conradson, formerly TGP’s Arizona correspondent, is currently on assignment in Washington DC. Jordan has played a critical role in exposing fraud and corruption in Arizona's elections and elected officials. His reporting on election crimes in Maricopa County led to the resignation of one election official, and he was later banned from the Maricopa County press room for his courage in pursuit of the truth. TGP and Jordan finally gained access after suing Maricopa County, America's fourth largest county, and winning at the Ninth Circuit U.S. Court of Appeals. Conradson looks forward to bringing his aggressive style of journalism to the Swamp.

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