The Trump administration has made a dramatic move, canceling nearly $30 billion in clean energy loans approved under President Biden.

Supporters describe the decision as overdue accountability, while critics warn it could destabilize energy markets and jobs.

The rollback targets major wind, solar, and hydrogen projects, many of which depended heavily on federal backing.

In their place, the administration is shifting focus toward natural gas, nuclear power, and upgrades to existing coal plants.

Backers argue this reset prioritizes reliable, affordable energy over climate symbolism and risky investments.

They also claim Biden-era programs rushed approvals and exposed taxpayers to failing, politically connected ventures.

However, communities and companies that planned around green subsidies now face uncertainty, layoffs, and stalled projects.

As billions more hang in the balance, the real test will be whether this strategy lowers energy costs or deepens America’s cycle of energy policy whiplash ahead of 2026.