Trump administration cancels $3.7B in funds for 24 projects aiming to cut emissions
May 30, 2025 - 16:00
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The Trump administration has canceled nearly $4 billion in awards for emerging energy technologies issued under the Biden administration, it announced Friday. A press release described the $3.7 billion in canceled funding as mostly carbon capture projects — where technology is used to cut planet-warming emissions from fossil fuel plants — and “decarbonization initiatives.” It…