27 April 2024
Trump slashes energy funding in 'impossible' austerity budget
Publication date: 25 May 2017
Gas Strategies Group
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US President Donald Trump has laid out plans to cut energy R&D funding across the board, reduce or eliminate government’s involvement in strategic energy infrastructure and end some fuel poverty and energy efficiency programmes.
The austerity measures were set out in Trump’s first budget, which grabbed headlines for proposing to lease oil and gas licences in the Arctic National Wildlife Refuge (ANWR) and sell off half of the US Strategic Petroleum Reserve (SPR).
The White House hopes to raise USD 1.8 billion by ...