US EditionNew budget proposal cuts clean energy funding, expands fossil fuel research – Oil & Gas 360
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New budget proposal cuts clean energy funding, expands fossil fuel research – Oil & Gas 360
(Oil Price) – President Trump’s newly released 2026 budget proposal aims to slash over $15 billion in federal support for carbon capture and renewable energy programs, signaling a sharp pivot toward fossil fuels and nuclear energy—and away from climate-focused policy. The White House plan, which proposes $163 billion in total cuts to non-defense spending, also scraps $6 billion in funding for electric vehicle (EV) chargers from the 2021 bipartisa
·Denver, United States
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