Trump cancels billions in clean energy grants while increasing subsidies for oil and gas

On Oct. 2, the Trump Department of Energy announced it was cancelling over $7.5 billion in federal funding for 223 clean energy projects that the administration argues would be a waste of taxpayer dollars. The projects are mostly in states that voted for Democrat Kamala Harris in last year’s presidential election. But President Trump’s own landmark legislation signed in July, the “Big Beautiful Bill,” grants an additional $4 billion a year in new taxpayer subsidies to the fossil fuel industry.