US EditionTrump Shuts Down $30 Billion In Biden-Era "Green Energy" Spending - The American Tribune.com
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.6 Articles
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Trump Shuts Down $30 Billion In Biden-Era "Green Energy" Spending - The American Tribune.com
In a much-needed change, the Trump administration, via the Energy Department’s Office of Energy Dominance Financing, announced the cancellation of nearly $30 billion in Biden-era green energy loans and revisions to another $53 billion following a year-long review of the portfolio. Explaining the situation, Energy Secretary Chris Wright criticized rushed disbursements in Biden’s final months that exceeded 15 years’ worth of prior totals and empha…
Trump is canceling $30B in Biden-era green loans
Read the full story at The Hill. The Trump administration is canceling $30 billion in green loans and revising another $53 billion, it said Thursday night. The administration said the changes or eliminations from the $83 billion in total funding come after its review of $104 billion in loan obligations issued by the Biden administration. While some … Continue reading Trump is canceling $30B in Biden-era green loans
Trump DOE Cancels $30B of Biden-Era Green-Grifting Energy Loans - Marcellus Drilling News
Last Thursday, the Trump administration announced it is restructuring or terminating approximately $84 billion in clean energy projects (boondoggles) initiated during the Biden era, reflecting a sharp pivot toward “energy dominance” through fossil fuels and nuclear power. Rebranded as the Office of Energy Dominance Financing (EDF), the agency has canceled $30 billion in “green” loans,...
Energy Department Moves to Undo $83B in Biden-Era Green Loan Commitments
WASHINGTON, D.C. — The U.S. Department of Energy announced a sweeping overhaul of its federal energy loan portfolio, moving to restructure, revise, or eliminate more than $83 billion in loans and conditional commitments issued during the Biden administration. The action follows a yearlong review of roughly $104 billion in principal loan obligations, including about $85 billion that the department said was approved in the final months after Elect…
The U.S. Department of Energy has decided to cancel or revise billions in funding for clean energy projects, giving priority to natural gas and nuclear energy. The U.S. Department of Energy (DOE) has announced that it will restructure or eliminate $83.6 billion in conditional loans and commitments, drawing its attention away from renewable energy sources, such as solar and wind, in favour of base energy, such as gas and nuclear energy. Along wit…
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