Energy Department Set To Axe $10 Billion In Clean Energy Projects
by Julianne Geiger Apr 18, 2025
If Big Oil was starting to feel good about its government-sponsored climate-era glow-up, they may be in for a rude awakening, with the U.S. Energy Department reportedly preparing to pull the plug on nearly $10 billion in clean energy funding, according to new memos seen by the Wall Street Journal. [emphasis, links added]
The DOE’s move could put everything from hydrogen hubs to carbon capture collaborations in the crosshairs—yes, even those buzzy projects with ExxonMobil and Occidental.
According to internal memos making the rounds, the cuts could gut two key DOE offices tasked with steering the country’s most ambitious decarbonization efforts.
That includes government contracts already inked or in the pipeline, which means a whole lot of projects might suddenly find themselves without a dance partner—or a checkbook.
https://climatechangedispatch.com/energy-department-set-to-axe-10-billion-in-clean-energy-projects/
