Energy Dept to return $13B in climate funds
The U.S. Department of Energy said it will return more than $13 billion in unobligated funds that had been set aside for the prior administration’s climate agenda, calling the allocations "wasteful spending." Energy Secretary Chris Wright discussed the decision on CBS Mornings Plus, saying the funds will be returned to taxpayers and were not obligated to active programs.
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📊 Analysis & Commentary (1)
BURGUM, ZELDIN, WRIGHT: This is how America will achieve energy dominance
"A pro‑administration opinion arguing that rolling back climate funding and deregulating permitting and EPA rules — coupled with renewed investment in 'clean coal' and domestic fuels/minerals — will restore U.S. energy 'dominance,' lower bills and create jobs, casting prior renewable‑focused policies as costly and unreliable."
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Energy Department to return $13 billion in unused climate funds to taxpayers
New information:
- Department of Energy announced it will return more than $13 billion in unobligated climate funds
- Energy Secretary Chris Wright discussed the move on CBS Mornings Plus and described the spending as 'wasteful'
- Funds had been reserved for the Biden administration's climate agenda but were not obligated to active projects and will be returned to taxpayers