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Trump Cuts $8B Climate Funds Amid Renewable Shift

10/9/2025

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Story summary
  • The Trump administration canceled $8 billion in climate projects across 16 Democratic-led states amid shutdown.
  • Global solar and wind surpassed coal; gains centered in China and India.
  • Experts warn shift could create an electricity supply-demand gap due to AI demand and renewables shutdown.
  • China leads renewable manufacturing, producing over 70% of solar PV modules and 60% of EVs.