Tuesday, 02 January 2024 12:17 GMT

Trump Cancels $679M Funding Support To Offshore Wind Energy Projects


(MENAFN- Investor Brand Network) President Donald Trump has canceled over half a billion dollars in federal funding for offshore wind farms as part of his administration's ongoing efforts to curtail the country's fledgling renewable energy industry.

For companies like Bollinger Innovations, Inc. (NASDAQ: BINI) , the policy shifts by the current federal administration may seem baffling since the benefits of switching to renewables and climate-friendly...

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