Lawmakers Debate Energy Department’s $3.7 Billion in ‘Green Energy’ Cuts

Date:

House panel Republicans praise Energy Secretary Chris Wright’s plan to slash his department’s non-defense spending and refocus on its ‘core mission.’

The Department of Energy’s $46.3 billion fiscal year 2026 budget request trims spending by 7 percent from this year’s $49.8 billion plan, slashing allocations for non-defense energy programs by 26 percent while increasing funding by 25 percent for the National Nuclear Security Administration, which manages the nation’s nuclear weapons programs.

The primary proposed cuts in the department’s discretionary spending are “green energy” initiatives adopted during the first two years of the Biden administration, clipping at least $3.7 billion in those programs in the fiscal year 2026 (FY26) budget and pulling the plug on nearly $20 billion in dedicated funding through 2032.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Elon Musk Takes the Stand at OpenAI Trial

Elon Musk arrives at the U.S. District Court in...

HUD Rescinds Housing Policy, Shaving $20,000 Off Home Construction Costs

Housing and Urban Development Secretary Scott Turner walks toward...

EPA Spending Slashed by More Than Half in Trump Admins Proposed 2027 Budget

Cows graze in a field near the coal-fueled Oak...

Oil Climbs Above $110 as Iran Impasse Pressures Markets, Stocks Drift Lower

Stock market numbers are displayed as traders work on...