Energy Department drops $4.9 billion loan for Grain Belt Express transmission line

Energy Department drops $4.9 billion loan for Grain Belt Express transmission line

The U.S. Department of Energy has canceled a federal loan guarantee for the Grain Belt Express, a massive wind-energy transmission line planned to run through four Midwestern states.David Gelles reports for The New York Times.In short:The $11 billion Grain Belt Express project aimed to connect Kansas wind farms with power markets in Illinois and Indiana via 800 miles of new transmission lines.Opposition from landowners and pressure from Republic…

Trump Cuts Off Funding for Grain Belt Power Line

Current conditions: West African countries including Guinea-Bissau, Guinea-Conakry, Senegal and The Gambia are facing flash flooding from heavy rainfall • The southwestern corner of New Mexico is suffering “exceptional” drought, the highest possible level in the U.S. Drought Monitor. • Already roasting in excessive heat, Des Moines, Iowa, is bracing for thunderstorms.THE TOP FIVE1. Energy Department yanks $5 billion guarantee for Grain Belt Expr…

Trump administration halts major energy loan for power line - Conservative Journal Review

Another clean energy dream just hit a brick wall under the Trump administration’s no-nonsense energy policy. The U.S. Energy Department has pulled the plug on a whopping $4.9 billion loan guarantee for the Grain Belt Express, a massive power line project meant to shuttle wind energy from Kansas to Indiana, as Politico reports. It’s a move that’s got green energy advocates fuming, but many of us see it as a reality check on federal overreach. On …