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(Now) Slashing ~$24 Billion for Climate Projects

Via the Wall Street Journal

October 7, 2025

• https://www.wsj.com/articles/energy-department-to-slash-nearly-24-billion-in-green-project-funding-3b699752

The U.S. Energy Department is slashing nearly $24 billion of funding for climate projects, as the Trump administration moves to further unwind Biden-era climate policies during the government shutdown.

Early-stage climate projects across the U.S., from Louisiana to New York to Washington state, are on the chopping block, putting thousands of jobs at risk, especially in burgeoning carbon-capture and hydrogen sectors, according to a list reviewed by The Wall Street Journal. Funding for more than 600 projects is set to be axed, totaling $23.8 billion.

“The Department continues to conduct an individualized and thorough review of financial awards made by the previous administration. No determinations have been made other than what has been previously announced,” a DOE spokesperson said.

Last week, the Trump administration announced climate funding cuts amounting to more than $7 billion, targeting mostly Democratic-led states and districts...

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