The US plans to cancel $13 billion in subsidies for green energy

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It is still unclear which projects will be cut

The US Department of Energy intends to cancel more than $13 billion in support allocated by the Biden administration to subsidize wind and solar energy, batteries, and electric vehicles. This was reported by Reuters, citing information from the agency.

As noted, this statement “reflects the administration’s commitment to end wasteful spending and refocus the agency on its core mission.”

The agency’s statement did not specify which projects would be cut.

The statement drew sharp criticism from California Governor Gavin Newsom, who said that the US is ceding its leadership in clean energy to China.

The news came a day after the US president expressed skepticism about global environmental initiatives and multilateral institutions during his address to the UN General Assembly.

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