‘Going to increase prices on everybody’: US energy department workers sound alarm over cuts
Employees say cuts and deregulation undermine department’s ability to function and will cause cost hikesWorkers at the US Department of Energy say cuts and deregulations are undermining the ability for the department to function and will result in significant energy cost hikes for consumers.Trump’s “big, beautiful bill” will raise energy costs for American households by as much as 7% in 2035 due to the repeal of energy tax credits and could put significant investment and energy innovation at risk, according to a report by the Rhodium Group. The non-partisan think tank Energy Innovation calculated the average US household will see its utility bills rise by over $230 by 2035 as a result of cuts to renewable energy investments. Continue reading...
Employees say cuts and deregulation undermine department’s ability to function and will cause cost hikes
Workers at the US Department of Energy say cuts and deregulations are undermining the ability for the department to function and will result in significant energy cost hikes for consumers.
Trump’s “big, beautiful bill” will raise energy costs for American households by as much as 7% in 2035 due to the repeal of energy tax credits and could put significant investment and energy innovation at risk, according to a report by the Rhodium Group. The non-partisan think tank Energy Innovation calculated the average US household will see its utility bills rise by over $230 by 2035 as a result of cuts to renewable energy investments. Continue reading...
