Wright Doubles Down on Job-Destroying Rescissions
U.S. Secretary of Energy Chris Wright announced yesterday that the U.S. Department of Energy would rescind $13 billion in unobligated funds for a slew of programs supported by the Inflation Reduction Act.
Wright suggested in an interview that there was still unobligated funds available for clean energy manufacturing like solar, wind, electric vehicles, and batteries. This funding was already rescinded by the “One Big Beautiful Bill” budget package that was signed by President Donald Trump in July.
Following the announcement, the BlueGreen Alliance released a statement from Executive Director Jason Walsh:
“Secretary Wright’s announcement is misleading at best. Not only is this announcement not what he’s saying it is, it’s hardly even an announcement. He’s merely doubling down on one of the many job–destroying, innovation–hampering, price–hiking provisions of legislation passed months ago. It was a bad idea in July and it’s a bad idea now.”