US EditionTrump 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 projects under President Donald Trump in June 2025.
- The cancellations came after the Department of Energy conducted a review of 179 projects totaling more than $15 billion that were funded by the Office of Clean Energy Demonstrations, an entity established through the bipartisan infrastructure legislation passed in 2021.
- Among the significant grant cancellations were $500 million allocated to Heidelberg Materials US, $375 million to Eastman Chemical, $270 million to Sutter CCUS, and $95 million to Nevada Gold Mines.
- Critics called the move "shortsighted" and a "major step backward," warning it will raise energy prices, sacrifice union jobs, and harm U.S. competitiveness in clean energy markets.
- The administration defended the action as due diligence to protect taxpayer dollars while advancing reliable energy and national security under an "American energy dominance" agenda.
157 Articles
157 Articles
Trump’s Attacks on Climate Policy Are Even Hitting Exxon
Earlier this week, the Department of Energy announced that it was clawing back $3.7 billion that its Office of Clean Energy Demonstrations had awarded, during Joe Biden’s administration, to 24 projects. The funds were rescinded, according to the department, after “a thorough and individualized financial review.” On its own, this news isn’t all that remarkable. The Trump administration has been axing climate programs for months, and $3.7 billion …
Over $1 billion in federal funding got slashed for this polluting industry
The clean cement industry might be facing the end of the road, before it ever really got rolling. On Friday, the US Department of Energy announced that it was canceling $3.7 billion in funding for 24 projects related to energy and industry. That included nearly $1.3 billion for cement-related projects. Cement is a massive climate problem, accounting for roughly 7% of global greenhouse-gas emissions. What’s more, it’s a difficult industry to cle…
Carbon Capture Efforts Slow as Trump Targets Clean Energy Projects
Since U.S. President Donald Trump took office, the number of applications for carbon capture projects has nosedived, signaling a slowdown in the efforts to commercialize the relatively new technology to remove carbon from the air. Since the Trump Administration signaled it would be axing clean energy subsidies and tax credits, the nascent carbon capture sector, led by some of the biggest U.S. oil firms, has faced increasing uncertainty about the…
"We will put an end to the irrational, quasi-religious climate change policies that have forced sacrifices on the American people." US Energy Secretary Robert Wright announced this policy shift at CERA Week, an international energy conference held in Houston in March. The Trump administration, which took office in January, will abolish budgets and tax cuts that support investment in electric vehicles and clean electricity. According to E2, a bip…
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