The money, originally part of Biden’s broader push toward a clean energy transition, was intended to support:
Expanding offshore wind and solar projects.
Federal subsidies for electric vehicle infrastructure and consumer rebates.
Incentives for companies to transition away from fossil fuels.
Now, it’s all been abruptly canceled.
A senior Trump administration official bluntly told reporters:
“This administration will not waste taxpayer dollars on fake solutions. America’s future is built on strength — not failed experiments with windmills and solar panels.”
Nationwide Repercussions
The announcement sparked immediate backlash:
Environmental groups called the decision “disastrous,” warning it would set back U.S. climate goals by decades.
Shares of renewable energy companies fell within minutes of the news being announced.
Conservatives, however, hailed the move as a “victory for American energy independence,” arguing that the money amounted to excessive subsidies for unproven industries.
A blow to the electric vehicle boom?
Perhaps most importantly, the cuts could derail the growth of the electric vehicle market, which has soared thanks to Biden’s subsidies and infrastructure support. Automakers that have relied on those funds are now scrambling to reassess their future plans.
“This not only changes the economy, but it also changes the psychology of the market,” said one industry insider. “Consumers and companies will think twice before investing in electric vehicles.”
The Bigger Political Picture
Analysts see the move as part of Trump’s broader strategy to erase Biden’s legacy while also reinforcing his own “America First” energy doctrine, which emphasizes oil, gas and coal as the backbone of US power.
The battle lines have now been drawn in what many are calling the “new energy war” – pitting fossil fuel corporations and Trump allies against environmentalists, automakers and the global push to decarbonize.
What comes next?
Lawsuits are already being prepared, with several states vowing to challenge the administration’s decision in court. Meanwhile, international observers warn that the United States risks losing its leadership in clean energy innovation to Europe and China.
For now, one thing is clear: the repeal of $13 billion in clean energy funding is not just a policy shift – it’s a direct strike at the heart of Biden’s climate agenda, and the tremors will be felt around the world.