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Clean Energy
CIO Bulletin
18 April, 2025
Under the Trump administration US agencies plan to eliminate $10B from clean energy initiatives which endanger multiple key hydrogen-based and carbon capture and renewable technology programs.
Department of Energy staff members evaluate significant budget reductions which threaten to stop approximately $10 billion worth of clean energy undertakings based on Wall Street Journal reporting. The planned budget cuts would impact the relationships between energy companies like Exxon Mobil and Occidental Petroleum while hindering progress in hydrogen fuel research and development of carbon capture and energy storage technologies.
Clean energy cuts announced by President Trump appear as part of his Department of Government Efficiency (DOGE) agenda which focuses on decreasing federal operations and spending. A department overview shows that both thousands of jobs from the Energy Department are at risk of elimination.
Three main clean energy partnerships under threat are Exxon Mobil's ethylene plant hydrogen project and NextEra Energy's long-duration storage initiative together with Occidental Petroleum's carbon capture development in South Texas.
Funding decisions for four hydrogen hubs in states that favored Democrats would be withdrawn but Republican-controlled states would retain their support for three projects. The proposed budget reductions endanger more than 250 different clean energy initiatives which include electric vehicle charging facilities along with sea-based wave and solar and wind generated energies.
The proposed budget decrease would likely obstruct United States progress toward advanced clean energy infrastructure and research advancement. Critics maintain the proposed energy policy inhibits national efforts for sustainable energy independence.
The Energy Department has not delivered a formal statement about the matter yet despite clean energy advocates asking for Congress to begin oversight immediately for protecting all existing investments.