🇺🇸💸🌪️ Trump Proposes Deep Cuts to Climate & Renewable Energy Programs 🔹 Summary: The Trump administration unveiled a budget plan slashing billions from climate change, renewable energy, and EV charging initiatives, redirecting focus to fossil fuels and nuclear development. Proposed cuts hit popular programs across energy, agriculture, and environmental agencies, igniting political backlash and uncertainty over congressional approval. 🔹 Key Points: • The plan axes over $15 billion for renewable energy and $6 billion for EV chargers from Biden-era infrastructure funding. • It proposes a 55% cut to the EPA budget, targeting climate research and environmental justice grants. • Agricultural programs face $4.5 billion in cuts, affecting conservation and rural development funding. • NOAA would lose $1.3 billion in grants and funding for climate-focused satellite projects. • The Energy Department’s priorities shift to oil, gas, coal, and nuclear R&D, emphasizing energy independence over emissions reduction. @CMEActiveTrader Tickers Of Interest: $CL $NG $ZC $ZW $LE Tickers Of Interest: $TSLA $NEE $XOM $CVX $EPA $USDA
⚠️ Trump budget proposes slashes to renewable energy, farms, EPA - Reuters on Full Story →
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.