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‘He’s forcing higher bills’: Trump spends billions to kill clean energy and keep coal alive

‘He’s forcing higher bills’: Trump spends billions to kill clean energy and keep coal alive

Summary

The Trump administration spent about $2.7 billion to stop wind power projects and over $1 billion to support coal energy. Critics say this spending raises energy bills for Americans and favors fossil fuel companies that donated to President Trump's campaign.

Key Facts

  • The government paid energy companies to cancel eight offshore wind projects.
  • These deals started in March with companies like TotalEnergies and Duke Energy.
  • Seven Democratic-led states sued, claiming this use of taxpayer money was illegal.
  • The Department of Energy spent $625 million to extend the life of coal power plants and improve them.
  • An additional $500 million was set aside to support 13 coal plants and build a coal export terminal in California.
  • Critics say blocking wind power and supporting coal increases electricity costs and harms clean energy efforts.
  • The administration says it is protecting energy reliability and returning money to companies due to national security concerns.
  • President Trump has publicly criticized wind energy and climate change efforts.
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