About 80 percent of manufacturing investments spurred by a Biden-era climate law have flowed to Republican districts. Efforts to stop federal payments are already causing pain.
The direct air capture industry has ambitious plans to pull carbon dioxide from the atmosphere, but itβs vying for limited renewable power resources.
Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.
Energy Department officials have ordered an internal review of potentially billions of dollars worth of climate and infrastructure spending that was awarded by the Biden administration after the Nov. 5 election.
Federal regulators approved a proposal from the nationβs largest grid operator that will give primacy to 50 new power plants, a decision to help meet the countryβs growing electricity demand.
A natural gas power plant in Westbrook, Maine. Utilities and grid operators in recent months have shifted from renewable energy and toward natural gas generations.
Chris Wright, in his Senate hearing, also tried to reassure Democrats that he believed climate change was a βglobal challenge that we need to solve.β
Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.
Energy Department officials have ordered an internal review of potentially billions of dollars worth of climate and infrastructure spending that was awarded by the Biden administration after the Nov. 5 election.