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Trump’s Energy Department Mulls Cutting Billions In Clean-Energy Funds, Threatening Exxon, Occidental Projects – iShares Global Clean Energy ETF (NASDAQ:ICLN), NextEra Energy (NYSE:NEE)

Trump’s Energy Department Mulls Cutting Billions In Clean-Energy Funds, Threatening Exxon, Occidental Projects – iShares Global Clean Energy ETF (NASDAQ:ICLN), NextEra Energy (NYSE:NEE)

The U.S. Energy Department (DoE) is reportedly contemplating substantial reductions, potentially halting nearly $10 billion in federal funding for clean-energy projects. This move could jeopardize high-profile collaborations with Exxon Mobil XOM and Occidental Petroleum OXY. What Happened: The proposed cuts… Trump’s Energy Department Mulls Cutting Billions In Clean-Energy Funds, Threatening Exxon, Occidental Projects – iShares Global Clean Energy ETF (NASDAQ:ICLN), NextEra Energy (NYSE:NEE)