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Trump administration cancels $3.7B in funds for 24 projects aiming to cut emissions

  • Energy Secretary Chris Wright canceled nearly $4 billion in grants for 24 carbon capture and clean energy projects across the U.S. On May 31, 2025.
  • These grants were mostly awarded during the final months of President Biden's administration and the cancellation reflects the Trump administration's aim to reduce climate change funding.
  • Among affected recipients were Heidelberg Materials US, Inc. With $500 million, Eastman Chemical Company with $375 million, and Sublime Systems with $87 million, all involved in reducing emissions and advancing clean technologies.
  • Chris Wright said the administration aims to ensure taxpayer money strengthens national security, supports affordable energy, and yields high returns, while critics called the move "shortsighted" and a step backward for U.S. Competitiveness and clean energy.
  • The cancellation risks increasing emissions, energy prices, and job losses, while undermining American manufacturing and climate goals amid accusations the administration prioritizes oil interests over clean energy progress.
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Utility Dive broke the news in on Friday, May 30, 2025.
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