Firms Cancel $8 Billion in Renewables Investment on Trump Policies
5 Articles
5 Articles
Firms Cancel $8 Billion in Renewables Investment on Trump Policies
Rising market and policy uncertainties forced companies to cancel $8 billion in investments in U.S. clean energy projects in the first quarter of the year. In a dramatic surge in cancellations of projects amid the chilling effects of the Trump Administration’s trade policy and attempts to repeal part of the green energy incentives, companies have withdrawn $7.9 billion in investments since January, clean energy business group E2 said in a monthl…
Energy Department Set To Axe 10 Billion In Clean Energy Projects
The U.S. Energy Department is reportedly preparing to pull nearly $10 billion in clean energy funding, putting green energy firms at risk. If Big Oil was starting to feel good about its government-sponsored climate-era glow-up, they may be in for a rude awakening, with the U.S. Energy Department reportedly preparing to pull the plug on nearly $10 billion in clean energy funding, according to new memos seen by the Wall Street Journal. [emphasis,…
U.S Energy Department looking to cancel green energy grants for Kraft, could pull $22 million from Lowville plant
LOWVILLE — The U.S. Department of Energy appears poised to cancel a $22 million grant meant to help the local Kraft Heinz plant decarbonize and improve efficiency, part of the Trump administration’s multitrillion dollar mass cancellation of previously awarded federal…
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