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News in English (USA) / 23.01.2025 / 05:00

Trump Freezes Key Infrastructure and Clean Energy Funding

In a sweeping move, Donald Trump has announced a freeze on more than $300 billion allocated for green infrastructure projects and climate initiatives under the Inflation Reduction Act (IRA) and the bipartisan infrastructure law. This decision has raised concerns across various states, impacting multiple projects including the I-10 widening and the Blatnik Bridge replacement in Minnesota. The White House clarified that the executive order pausing IRA disbursements applies only to specific programs, but uncertainties remain regarding funding for electric vehicle charging networks and other green initiatives, particularly in Michigan and Wisconsin. Representatives from various states, including Arizona and Nevada, voiced alarm over potential economic repercussions, fearing substantial funding losses. Critics argue this order undermines efforts to promote clean energy and could stall key infrastructure works, leaving local officials on edge as they navigate the new restrictions. Amidst this chaos, certain programs, such as BEAD spending, have been deemed safe from the order, but overall, the landscape for clean energy funding remains precarious as the government grapples with the implications of Trump’s actions.
Utility Dive, The White House, Detroit News, Reuters, FOX19, Financial Times, KARE11.com, The Hill, Wisconsin Public Radio News, KLAS - 8 News Now