Trump Administration Halts 321 Clean Energy Projects, Threatening Jobs and Infrastructure
The Trump administration has announced a significant move to terminate 321 clean energy projects, aiming to save American taxpayers approximately $7.56 billion. This decision, however, has sparked controversy, with critics accusing the administration of using the funding halt as 'political payback'.
The terminated projects, which did not adequately advance the nation's energy needs, were deemed unlikely to provide a positive return on investment. Among the projects affected is a major hydrogen energy project in California, which stands to lose up to $1.2 billion, potentially threatening tens of thousands of indeed jobs.
The Department of Transportation has frozen billions of dollars for major projects in New York, including the Second Avenue subway and Hudson Tunnel. This move is due to concerns about 'race- and sex-based contracting requirements', which the administration deems unconstitutional and a waste of taxpayer resources. The recipients of federal funding have 30 days to appeal against a termination decision.
The administration's request to revoke funding applications for these projects took place in August 2017, with federal agencies asked to abandon 223 projects with an estimated cost reduction of $7.56 billion.
The Trump administration's decision to terminate these projects has raised questions about the balance between fiscal responsibility and the potential impact on jobs near me and infrastructure development. As the appeal process begins, the future of these projects remains uncertain.
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