Trump Is Weighing Billions More in Cuts to Clean Energy Projects. Here’s What’s at Stake

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The Trump administration’s war on renewables is escalating. Last week, the administration cancelled more than $7.5 billion worth of clean energy projects. And now, reports suggest an additional $12 billion in funding for clean energy and electric vehicles may be on the chopping block.

The so-called “kill list” of projects, first reported by Semafor, targets major carbon removal and clean hydrogen programs that the Department of Energy (DOE) approved under the Biden administration. It…



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Trump Is Weighing Billions More in Cuts to Clean Energy Projects. Here’s What’s at Stake



The Trump administration’s war on renewables is escalating. Last week, the administration cancelled more than $7.5 billion worth of clean energy projects. And now, reports suggest an additional $12 billion in funding for clean energy and electric vehicles may be on the chopping block.

The so-called “kill list” of projects, first reported by Semafor, targets major carbon removal and clean hydrogen programs that the Department of Energy (DOE) approved under the Biden administration. It…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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