Democrats have unveiled a $40 billion plan to help save the American coal industry.
The plan, which will be unveiled Monday, would increase the nation’s energy security by putting the power plants that generate most of the country’s electricity into bankruptcy protection.
The $40-billion plan would not only put the coal companies in bankruptcy protection, but would also put the plants into a “voluntary bankruptcy” where they would receive millions of dollars in support.
“It’s a very good plan.
It would save the country hundreds of billions of dollars, it would save jobs, and it would help the coal miners who are here today,” Senator Tim Kaine, a Democrat from Virginia who has long been critical of the coal power industry, said last week.
“We should have this program and we should have it now.”
Republicans have largely ignored the idea of shutting down coal plants.
On Monday, they were trying to shift the focus of the Senate Energy and Natural Resources Committee on coal, but their plan was also not very promising.
“Our plan is to protect our coal plants, but the bill leaves the door open for coal companies to be able to shut down.
And I’m not sure how that is supposed to be funded,” Senator Shelley Moore Capito, a Republican from West Virginia, told reporters.
“That is the problem with coal: It is a very hard industry to manage and very hard to get the public behind.”
The coal industry has been a key issue for Democrats in the past.
In 2015, then-Senator Bernie Sanders, an independent from Vermont, released a bill to repeal the Clean Power Plan, a law that requires that the U.S. cut its carbon emissions by a quarter from 2005 levels by 2030.
The bill would have allowed coal plants to be shut down, but it was blocked by President Donald Trump.
The Trump administration has repeatedly criticized the coal-heavy coal industry, arguing that coal has become an important source of jobs in the U, and that shutting down plants is not the best way to reduce emissions.
“The coal industry employs about 1.3 million Americans, has $4.7 trillion in annual economic activity, employs about 12 million Americans and pays for itself through job creation and economic growth,” Trump said in a statement at the time.
“In fact, if all of the plants were to close, our nation’s GDP would be much smaller than it is today.”
Senator Capito told reporters Monday that she would like to see a new plan, but she said she had not seen a plan from the Trump administration.
“There is a lot of debate going on in Congress and there is no one answer, but I do think it’s important that we have a plan that is not just about one day,” she said.
“What we need to do is come up with a new solution to the problem.
We can’t have a clean energy economy that is destroying jobs and causing climate change.”
In January, the Senate voted to extend the Deferred Action for Childhood Arrivals (DACA) program for two years.
The program has allowed hundreds of thousands of young people who came to the U from countries like El Salvador and Honduras to stay in the country for three years.
But the bill passed by a slim margin in the Senate and would have given them an opportunity to re-enter the country, but only if they had an immigration record that meets the current definition of a “significant risk of being deported.”
In response, Senator Tim Scott, a North Carolina Republican, introduced a bill that would allow young people to stay until they are 25.
He said that in order to do this, they would need to go through a “formal background check” and pay a $2,000 fine.
“I think that if we want to have a pathway to citizenship, we need an orderly transition,” he said.
But Senator Scott said that while he supports the DACA program, he did not think it should be extended indefinitely.
“At some point, I think we need a way to deal with this issue that allows for some kind of orderly process for those people to get back to the country,” he told reporters on Monday.
“But we need something to go back to.”