Trump Administration Weighs Cutting Billions in Clean Energy Project Funding

The U.S. government is weighing the cancellation of billions of dollars in clean energy investments, targeting programs launched under the Biden administration to support auto manufacturing, carbon capture, and electric vehicle production, according to documents reviewed by Reuters. The list of potential cuts, first reported by Semafor, includes roughly $12 billion in projects such as two major direct air capture hubs, one involving oil giant Occidental. Other projects at risk include $500 million for General Motors to convert its Michigan plant for EVs, $335 million for Stellantis to reopen its Illinois facility for electric trucks, and $80 million for Blue Bird to build electric school buses in Georgia. Additional grants under review include $89 million for Harley-Davidson’s EV expansion, $208 million for Volvo’s plant upgrades, and $75 million for Cummins to manufacture zero-emission components. The Department of Energy said it is conducting “an individualized and thorough review” of all previously approved awards, insisting that no final decisions have been made. White House budget director Russell Vought said last week the administration plans to terminate nearly $8 billion in climate-related funding in 16 Democratic-led states, including California and New York.