Trump Slashes Clean Energy Loans, Bets Big on Gas and Nuclear
The Trump Administration continues to revise, restructure, and cancel billions of U.S. dollars of Biden-era loans and funding commitments to clean energy projects as the United States shifted its policy to supporting fossil fuels and nuclear power as part of its energy dominance agenda. In the latest instalment of canceled or revised funding, the Department of Energy this week announced that the Office of Energy Dominance Financing (EDF), previously known as the Loan Programs Office (LPO), is restructuring, revising, or eliminating more than $83…