US EditionTrump administration cancels $3.7B in funds for 24 projects aiming to cut emissions
- Energy Secretary Chris Wright canceled nearly $3.7 billion in grants for 24 carbon emission reduction projects under President Donald Trump's administration.
- These cancellations targeted projects mostly awarded during former President Joe Biden's final months to support carbon capture and underground storage efforts.
- Major recipients like Heidelberg Materials, Eastman Chemical, and Sublime Systems lost awards totaling hundreds of millions, surprising companies and drawing criticism from clean energy advocates.
- Wright stated the administration is exercising due diligence to ensure taxpayer funds advance national security and reliable energy, while critics call the move shortsighted and harmful to U.S. Competitiveness.
- The cancellations represent a significant setback for U.S. Climate goals, risking higher energy prices, job losses, increased emissions, and declining leadership in clean technology.
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Saving Taxpayer Money: Energy Dept Cancels $3.7B in 'Green' Grants
Trump Administration Slams Brakes on Biden's Reckless Climate Grants - Real News Now
The Trump administration put the brakes on $3.7 billion in grants directed towards purported climate-friendly initiatives, a majority of which had been hastily handed out during the twilight of the Biden administration, following his loss in the 2024 elections. Energy Secretary Chris Wright declared on a Friday that the 24 experimental projects would not serve the energy needs of the American people, lacked economic feasibility, and wouldn’t yie…
Trump Energy Department cancels $3.7B in Biden-era green energy grants
The Trump administration has canceled $3.7 billion worth of grants for multiple climate-related infrastructure projects, the majority of which were approved in former President Joe Biden's lame duck period after he lost the 2024 election. Secretary of Energy Chris Wright made the announcement on Friday and said the 24 projects failed to advance the energy needs of the American people, were not economically viable and would not generate a positiv…
protrumpnews.com
Trump Admin Terminates Billions In Green Energy Grants
Over $3.7 billion in green energy grants were terminated by the Trump administration. 24 awards were canceled. U.S. Secretary of Energy Chris Wright said, “While the previous administration failed to conduct a thorough financial review before signing away billions of taxpayer dollars, the Trump administration is doing our due diligence to ensure we are utilizing taxpayer dollars to strengthen our national security, bolster affordable, reliable e…
Trump WH Cancels $3.7 Billion in Clean Energy Awards
The Trump administration announced Friday that it is canceling 24 awards previously issued by the Biden administration and the Office of Clean Energy Demonstrations that had exceeded $3.7 billion in federal tax money. “While the previous administration failed to conduct a thorough financial review before signing away billions of taxpayer dollars, the Trump administration is doing our due diligence to ensure we are utilizing taxpayer dollars to s…
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