Sunday, 1 June, 2025

Trump Administration Revokes $3.7B in Clean Energy and Manufacturing Grants, Impacting Major U.S. Projects

The Trump administration has rescinded $3.7 billion in clean energy and manufacturing grants awarded during the Biden era, affecting 24 projects from companies like ExxonMobil, Kraft Heinz, and startups such as Brimstone and Sublime Systems. Energy Secretary Chris Wright cited "due diligence" as the reason, though no specific justifications were provided. Critics argue the move undermines U.S. competitiveness and clean technology development, threatening jobs & contradicting stated energy goals.