DOE Cancels $3.7B in Clean Energy Projects to Cut Costs

TL;DR Summary
The U.S. Department of Energy canceled $3.7 billion in awards for carbon capture and decarbonization projects, citing economic viability concerns and lack of advancement of American energy needs, affecting companies like Calpine, PPL, Ørsted, and Exxon Mobil.
- DOE cancels $3.7B in carbon capture, decarbonization awards Utility Dive
- Energy Dept. Cancels $3.7 Billion for New Technologies to Lower Emissions The New York Times
- Secretary Wright Announces Termination of 24 Projects, Generating Over $3 Billion in Taxpayer Savings Department of Energy (.gov)
- Energy Department scuttles $3.7B in clean-energy projects Axios
- Trump Is Canceling $3.7 Billion in Clean Energy Projects Bloomberg
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