May. 30 at 2:56 PM
$NEE $FSLR $BEP $PLUG Trump administration cancels
$3.7B in funds for 24 projects aiming to cut emissions
by Rachel Frazin - 05/30/25
...
A press release described the
$3.7 billion in canceled funding as mostly carbon capture projects — where technology is used to cut planet-warming emissions from fossil fuel plants — and “decarbonization initiatives.”
It also notes that of the 24 awards it canceled, 16 of them were issued between Election Day and Trump’s inauguration.
It said that the projects in question “failed to advance the energy needs of the American people” and were not economically viable.
...
In addition to carbon capture, projects that were canceled include efforts to advance climate-friendly cement production, getting greener furnaces at glass and pipe companies and an effort to cut emissions at various plants used by food company Kraft Heinz.
https://thehill.com/policy/energy-environment/5325584-trump-administration-green-energy-funding-cuts-emissions/
