Trump admin cancels clean energy grants as it prioritises fossil fuels

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Trump admin cancels clean energy grants as it prioritises fossil fuels - Business Standard

Quick Summary:

The DOE is cancelling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the cancellations that was reviewed by The Associated Press on Friday.One was for nearly $5.3 million to retrofit low-income multifamily buildings in Massachusetts and California to demonstrate ways to reduce the use of energy and lower planet-warming greenhouse gas emissions.The other was for USD 1.5 million to assess business models for electric vehicle carsharing in US cities.

President Donald Trump's administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritizes fossil fuels.

The department wrote that it had determined the awards do not meet the administration's objectives.