Cleaner Tech
Trump’s Spending Cuts Force Clean Techs to Explore US Exit
Cooling towers at a nuclear power plant in Middletown, Pennsylvania.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Clean-tech companies that were eligible for support under former President Joe Biden are now considering leaving the US as the Trump administration pulls the plug on financing, according to the former head of the program that vetted the firms.
As director of the Loans Programs Office at the US Department of Energy when Biden was president, Jigar Shah helped select roughly 400 companies with development plans to receive grants and loans upwards of $100 million each.