GM and Ford are joining forces to create a global conglomerate that would include more than 400 companies including more than 1,000 U.S. companies.
The new company would be called The American Coalition for Clean Coal Electricity.
The two companies announced Thursday that they had agreed to merge and will create a new entity called The Alliance of Clean Coal Industries.
The alliance will focus on coal power generation, including solar and wind power, and on natural gas, coal-fired power plants and liquefied natural gas.
It will also support research and development and support innovation and clean energy technologies.
The announcement comes as President Donald Trump prepares to unveil his own coal executive order.
The president has repeatedly expressed his opposition to the use of coal in electricity generation, and has threatened to end the $3.5 billion in subsidies that come with it.
Trump has promised to scrap $1.6 trillion in coal production subsidies that have been in place under the Obama administration.
Trump’s coal plan would also eliminate a rule that requires the U. S. to reduce its greenhouse gas emissions by 40 percent below 2005 levels by 2025.
