WSJ: U.S. considers cutting nearly $10 billion in clean energy funding
2025-04-17 15:04:55
On April 17, according to a report in the Wall Street Journal, the U.S. Department of Energy is preparing to make major funding cuts, a move that could lead to the interruption of nearly $10 billion in federal clean energy project funding. Among them, some high-profile partnerships between the department and companies such as ExxonMobil and Occidental Petroleum are also in jeopardy. The proposed cuts would upend government contracts with energy companies working on hydrogen energy, carbon capture, long-term energy storage and other technologies, according to an Energy Department memo seen by the Wall Street Journal. < b > It is also expected to result in the elimination of thousands of Energy Department-related jobs.
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