Coal gets a boost, wind pays the price: Trump admin reroutes billions to fossil fuels
TL;DR
The Trump administration has diverted roughly $2.7 billion to pay developers to relinquish offshore wind leases and redirect funds toward coal, with the DOE also advancing hundreds of millions to extend coal plants and boost coal infrastructure; critics argue the moves raise electricity bills for consumers and benefit fossil-fuel donors, while White House officials say funds are being repurposed to provide affordable, reliable energy and that renewables are not being unjustly subsidized; independent analyses, however, often show renewables can be cheaper than coal.
- ‘He’s forcing higher bills’: Trump spends billions to kill clean energy and keep coal alive The Guardian
- The economic cost of Trump’s clean energy rollbacks has been enormous—and it's still growing Fast Company
- How OBBBA Reshaped U.S. Clean Tech Manufacturing, in Charts Council on Foreign Relations
- Trump promised to cut electric bills in half. His energy policy is doing the opposite, new analysis finds CNN
- OBBBA has cost over US$100 billion in clean energy investment, says E2 PV Tech
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