1. The Department of Energy has canceled approximately $8 billion worth of energy-related projects, according to documents obtained by TechCrunch. These projects included investments in methane reduction for oil and gas producers, carbon capture and removal, and grid modernization efforts.
2. States that voted for Democratic candidate Kamala Harris in the 2021 presidential election suffered the largest losses, with California losing over $2.2 billion worth of contracts. Notably, these projects would have significantly increased renewable energy capacity, particularly solar and wind power.
3. The cancellation of these projects has raised concerns about the stability of the Department of Energy and its ability to provide predictable government support and policies for U.S. businesses involved in energy innovation, potentially leading some companies to move their operations elsewhere, such as Canada.
2. States that voted for Democratic candidate Kamala Harris in the 2021 presidential election suffered the largest losses, with California losing over $2.2 billion worth of contracts. Notably, these projects would have significantly increased renewable energy capacity, particularly solar and wind power.
3. The cancellation of these projects has raised concerns about the stability of the Department of Energy and its ability to provide predictable government support and policies for U.S. businesses involved in energy innovation, potentially leading some companies to move their operations elsewhere, such as Canada.
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Summary
Department of Energy cancels $8 billion energy projects; focus shifts from methane reduction, carbon capture, grid modernization. California loses over $2.2 billion in renewable energy contracts, mainly solar and wind power. Cancellation raises concerns about DOE's stability and impact on U.S.
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ID: 6e69ab6e-2a7f-4b18-a5aa-736fa7b3a09d
Category ID: listed_summary
Date: Oct. 3, 2025
Notes: 2025-10-03
Created: 2025/10/04 00:20
Updated: 2025/12/08 01:21
Last Read: 2025/10/04 20:04