Colorado is set to Lose $500 million in Federal Funding to address Climate Change, after the Trump (R) Administration announced the Cancellation of "funding to fuel the Left's climate agenda." Why it matters: The Polis Administration needs the Federal Grants to meet its Goals for Reducing Greenhouse Gas Pollution, and are aimed at Gutting the Colorado Energy Office.
The Directive from White House Budget Chief Russ Vought (R) and the Energy Department, led by Denver Energy Company Executive Chris Wright, specifically Targets 223 Projects in 16 Democratic States. In Colorado, at least 34 Projects are being Canceled. That includes Money Awarded to the State's Energy Office, Universities, and Energy Companies, Colorado officials said.
The Energy office will lose $5 million in Funds designed to Help Residents and Businesses reduce their Carbon Footprint to meet Modern Building Codes. Other Grants were Set Aside, for Oil and Gas Methane Reduction Projects, Electrical Grid Resilience and Subsidies for Low-Income Communities. What they're saying: The Federal Energy Agency "determined that these projects did not adequately advance the nation's energy needs, were not economically viable, and would not provide a positive return on investment of taxpayer dollars," the Agency wrote in a Statement.
The Other Side: U.S. Sen. Michael Bennet (D-CO), told Reporters Wednesday, that the Administration's Efforts are "an unconstitutional exercise of power by the administration" and part of a Troubling Trend that "targets specific states for politics."
The State is Increasing Subsidies for Low-Income Buyers of Electric Vehicles (EVs) to $9,000, up from $6,000, when an Old Gasoline Car is Rxchanged.
It comes after a $7,500 Federal Tax Credit was Canceled, as part of Trump's "Big, Beautiful Bill."
NYC Wins When Everyone Can Vote! Michael H. Drucker
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