Energy Department Cancels $3.7 Billion in Clean-Energy Projects Amid Funding Cuts
TL;DR Summary
The U.S. Energy Department has canceled $3.7 billion in awards intended for companies developing technologies to reduce emissions and combat climate change, including projects by Exxon Mobil and Calpine aimed at hydrogen fuel and carbon capture from power plants.
Topics:business#carbon-capture#climate-change#emissions-reduction#energy-department#environment#funding-cancellation
- 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
- DOE cancels $3.7B in carbon capture, decarbonization awards Utility Dive
- US green energy firms brace for federal funding cuts BBC
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