DOE cancels carbon capture grants in recent funding cuts

From carbon capture to solar power, companies across the clean-tech spectrum are reeling from funding withdrawals, policy changes and import restrictions brought in by the Trump administration as it has set about dismantling the climate goals of its predecessor.

The Energy Department announced $3.7 billion worth of funding cuts for clean-energy and climate projects, with a large portion of the canceled grants focused on carbon capture and sequestration. Read more fromĀ The Wall Street Journal.