The Energy Department has announced it will return more than $13 billion in unobligated climate funds to the Treasury, marking one of the Trump administration’s most significant reversals of President Joe Biden’s green-energy agenda.
The department said on Sept. 24 that the money had been set aside under the 2022 Inflation Reduction Act enacted by the Biden administration. Energy Secretary Chris Wright said the step fulfills President Donald Trump’s pledge to redirect resources to the department’s “core mission.”
“The American people elected President Trump largely because of the last administration’s reckless spending on climate policies that fed inflation and failed to provide any real benefit to the American people,” Wright said in a statement. “By returning these funds to the American taxpayer, the Trump administration is affirming its commitment to advancing more affordable, reliable and secure American energy and being more responsible stewards of taxpayer dollars.”…
Energy Department to Return $13 Billion in Unused Climate Funds to Taxpayers
