Cleaner Tech

Trump Pulls $4.9 Billion in Financing for Power Line

Power lines run through a cornfield in West Alton, Missouri.

Photographer: Luke Sharrett/Bloomberg

The Trump administration is canceling $4.9 billion in federal financing for a US transmission project that’s faced backlash from Republican lawmakers over ties to wind energy.

Financing for the high-voltage transmission line, which would span from Kansas to Missouri, was initially offered under President Joe Biden. The Energy Department said that the conditional commitment made in November for the Grain Belt Express LLC project was “rushed out the door in the final days of the Biden administration.”