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Trump Is Looking for Ways to Cancel $400 Billion in Clean Energy Loans

Trump Is Looking for Ways to Cancel $400 Billion in Clean Energy Loans

The Trump administration is looking into ways to cancel federal loans granted by the Department of Energy for transition projects from a $400-billion fund, Bloomberg has reported, citing an unnamed source. According to the report, the new leadership at the Department of Energy would focus its financial firepower on projects in nuclear energy, liquefied gas and other segments supported by the White House, as announced by the new director of the department’s loan office, John Sneed. Bloomberg also reported that the Department of Energy had…

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