Trump’s proposed budget cancels billions of dollars in infrastructure investments, environmental programs, research grants and renewable energy projects

Date:

The deferred resignation program started at the U.S. Department of Energy (DOE) this week. Sources tell Factor This that about half of the Solar Energy Technologies Office, or anyone with less than ten years of tenure, took the deal offered by the feds and left their posts.

They were getting out ahead of the storm.

President Donald Trump’s 2026 budget plan, unveiled in all its glory on Friday, guts the federal energy agency by billions of dollars, cancels a slew of renewable energy, direct air capture, and electric vehicle (EV) charging projects, and axes anything remotely associated with environmental justice.

The budget plan, which cuts domestic spending for everything but national defense by $163 billion, seeks to slash discretionary spending by 7.6% next year, but includes a 13% increase in national security funding.

What is Getting Cut?

Trump’s plan cancels more…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...