Energy

Trump administration to audit billions in energy grants awarded under Biden

Photo caption: US President Trump

 

*The Energy Department will scrutinize $15 billion in awards for possible cuts.”

 

The Trump administration on Thursday announced a wide-ranging review of more than $15 billion in federal awards approved under President Joe Biden.

Energy Secretary Chris Wright in a memo to staff called for ramping up oversight of at least 179 awards and said decisions will be made on a case-by-case basis about whether the awards meet the administration’s standards.

While Wright has told lawmakers that the agency is already reviewing funding under the Inflation Reduction Act and bipartisan infrastructure law, the memo that the agency released Thursday sets the stage for DOE to pull back funding for scores of projects if recipients don’t respond quickly or sufficiently enough, and to possibly expand the scope of the audit.”

=== Reuters ===

 

 

Related posts

Oil price rises to approximately $72 amid worries of disruption

thebusine

NCDMB commits to capacity utilisation, patronage for Nigerian service companies

Editor

We are committed to Nigerian Content Development, says HEOSL

Editor

Petrol price drops slightly to N254 per litre in April 2023 – NBS

Editor

NLNG urges national prioritization of energy security at NIES 2025

Editor

Subsidy removal: Ex-minister seeks more investment in modular refineries

Editor