Posted on 01/26/2025 1:13:40 AM PST by BeauBo
In a sweeping move that halts billions in spending, President Trump’s administration has frozen the Department of Energy's (DOE) activities pending a comprehensive review of its alignment with his priorities. According to a memo from acting Energy Secretary Ingrid Kolb, the freeze affects grants, loans, procurement, studies, and even personnel decisions, effectively bringing the agency’s $50 billion budget to a standstill.
Beyond bureaucratic tinkering, the halt is a direct shot at dismantling Biden-era climate policies. The DOE’s Loan Programs Office, holding $41.2 billion in conditional commitments to energy technology companies, now finds its purse strings tightly cinched…
…The order mirrors an earlier Trump directive freezing funds tied to Biden’s Inflation Reduction Act and a bipartisan infrastructure law, both of which allocated billions for clean energy initiatives. Trump, who has championed fossil fuels as a cornerstone of his energy policy, has made it clear that climate-focused spending is no longer a federal priority.
The Interior Department issued a similar freeze on wind and solar project leases on federal lands and waters.
(Excerpt) Read more at oilprice.com ...
Victory !.....send that money to the military.
If it has to be spent on energy projects, how about developing a modular thorium reactor?
Elections have consequences
“Hey! What the hell happened to the billions in OTHER PEOPLE’S MONEY that we were promised?”
In this country the NRC tries to destroy reactors in all other countries the regulation is to try to help reactors being built the NRC needs to be abolished
how about developing a modular thorium reactor?
We agree, but that would require similar actions with the Nuclear Regulatory Commission in order to speed up the process that is presently so slow that anything Nuc is virtually at a standstill despite numerous “Labs” intent on the effort.
IOW the approval process is virtually non existant.
Trump taking charge!
Yes!!
These are the types of things that are perhaps purposely kept from the public in order to avoid accountability. I’m sure they think nobody would ever find out.
Well throw a US ??? In front of it and watch your money bend over and kiss its ass good by. The DOE is a bureaucratic bunch of bull💩 that’s wasted money, since the SL-1 incident. All hat and no cattle. I worked for them for over 30 years DOD too. If the government runs it , it sucks. Thank God Hegseth will run DOD. We need someone who wants to kill people and break things. DJT is on the case. 🙏
I sense a big rush for DOE employees who are expecting a tax refund to be e-filing their taxes this weekend. Get Some!
🎯
Twenty years ago Saudi Arabia was sounding like they wanted to introduce thorium reactors throughout the kingdom. Then the issue died. I wonder why?
Yeah they might need the money if their little pet projects get defunded and there is layoffs. The DOE has been preaching small reactors for years. All talk. The regulations they push stops it all. They talk, the tax payer pays. Time to bend them over and introduce them to their ankles. IMO
More winning.
Yup.
just start drilling in ANWR as soon as possible.
Maybe a necessary first step in unraveling the Global Warming scam. Stop funding it.
Someone’s stock is gonna crash monday morning
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