Article

The Trump administration is restructuring or eliminating nearly $84 billion in clean energy loans initiated during the Biden presidency, following a review of $104 billion in loans. Key cancellations include $30 billion in obligations, with significant cuts to wind and solar projects, as the Office of Energy Dominance Financing shifts focus towards supporting natural gas and nuclear power. The new tax law has expanded the office's lending authority, positioning it as the largest energy lender globally with nearly $290 billion available for future projects.