Trump Cancels $7.6B In Clean Energy Grants Targeting 16 Democratic States Amid Shutdown Clash

Benzinga

The Trump administration is cancelling $7.6 billion in clean energy grants across 16 Democrat-leaning states, targeting hydrogen hubs, battery plants, grid upgrades, and carbon capture projects. The cuts follow $13 billion in rescinded climate funds last week, threatening jobs and private investment. Democrats accused Trump of punishing opponents, while the DOE called the moves business decisions.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02The Trump administration is canceling $7.6 billion in grants that supported hundreds

00:06of clean energy projects in 16 states, all of which voted for Democrat Kamala Harris

00:11in the 2024 election, according to the AP. Projects affected include hydrogen hubs in

00:16California and the Pacific Northwest, battery plants, grid upgrades, and carbon capture

00:20initiatives. Cuts which filed $13 billion in rescinded climate funds last week threaten

00:25thousands of jobs and billions in private sector investment. Democrats accused Trump of weaponizing

00:30the shutdown fight to punish political opponents, while the DOE said the cancellations are business

00:35decisions. Board recipients have 30 days to appeal. For all things money, visit Benzinga.com.

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