Clean Energy Funding Cuts: A Trillion-Dollar Setback?

Clean energy funding faces a major rollback as the federal government eyes canceling billions in Congressionally-mandated support, including direct air capture hubs championed by the previous administration and even involving Occidental. Following last week’s $7.5 billion cut announcement citing insufficient taxpayer returns, a further $8 billion in climate-related funding targeting Democrat-led states like California and New York is now threatened, sparking outrage and uncertainty about the future of clean energy projects, jobs, and climate goals. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.