This is the type of action I was afraid of and was the reason why I thought nothing would happen until Trump was inaugurated and we get to see which way he will jump, not saying it wont happen, but any company worth it's salt would like to see the color of government money locked in before they spend their own hard earned on something that Trump might change!
Trump Freezes Energy Department Spending, Loans.
The Trump administration has halted spending, loans and other actions at the Energy Department as part of a “comprehensive review” to ensure they align with the president’s priorities, according to a memo from the agency’s acting secretary seen by Bloomberg.
The Jan. 20 memo freezes the awarding of grants, loans, funding opportunities, procurement announcements, rules, studies and activities including personnel moves and publication of rules and studies, until approval by acting secretary Ingrid Kolb.
Trump has vowed to put an end to spending on climate-friendly policies he has deemed wasteful, while championing fossil fuels such as oil and natural gas.
“Effective immediately and until further notice, prior to any actions or decisions on all herein described activities, a review under varying criteria will be undertaken to ensure all such actions are consistent with current Administration policies and priorities including budgetary priorities,” said the memo, which was addressed to heads at the agency.
The order essentially freezes the department, which has a roughly $50 billion budget that includes awarding funds to help commercialize new energy technologies. Its Loan Programs Office has some $41.2 billion in conditional commitments to companies that have yet to be finalized.
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