Trump Eyes New Round of Clean Energy Cuts Worth Billions ...Middle East

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Trump Eyes New Round of Clean Energy Cuts Worth Billions
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The U.S. government is considering canceling or rescinding billions of dollars in previously awarded funding for clean-energy and carbon management projects in a continued effort to alter the trajectory of climate investment. According to a list obtained by Reuters, the Department of Energy (DOE) is reviewing awards across a wide array of sectors, from auto manufacturing to direct air capture hubs. Among the proposed cancellations are two major direct air capture (DAC) hub awards given during the Biden administration, including one involving oil…

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