The Department of Energy announced today that it would be clawing back $3.7 billion worth of awards made under the Biden administration for clean energy and manufacturing. Large corporations and growing startups were caught up in the decision.

Energy secretary Chris Wright said the moves were “due diligence” on the part of the Trump administration. His statement did not cite specific reasons why the projects were canceled, but pointed to a memorandum he issued on May 15, which suggests that the department may attempt to

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