{"id":390671,"date":"2025-07-25T11:37:20","date_gmt":"2025-07-25T09:37:20","guid":{"rendered":"https:\/\/climatescience.press\/?p=390671"},"modified":"2025-07-25T11:37:47","modified_gmt":"2025-07-25T09:37:47","slug":"department-of-energy-terminates-taxpayer-funded-financial-assistance-for-grain-belt-express","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=390671","title":{"rendered":"Department of Energy Terminates Taxpayer-Funded Financial Assistance for Grain Belt Express"},"content":{"rendered":"\n
\"Image<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Watts Up With That?<\/a><\/p>\n\n\n\n

By TheEnergy.gov<\/a><\/p>\n\n\n\n

The Department of Energy today announced the Loan Programs Office has terminated its conditional commitment for the Grain Belt Express Phase 1 project.<\/p>\n\n\n\n

Energy.gov<\/a><\/p>\n\n\n\n

WASHINGTON\u2014 <\/strong>The Department of Energy (DOE) today announced the Loan Programs Office (LPO) has terminated its conditional commitment for the Grain Belt Express Phase 1 project, a high-voltage direct current (HVDC) transmission line intended to connect wind and solar capacity across Kansas and Missouri. The conditional commitment, which would have provided a taxpayer-funded loan guarantee of up to $4.9 billion dollars, was issued by the Biden administration in November 2024 \u2013 one of many conditional commitments that were rushed out the door in the final days of the Biden administration.<\/p>\n\n\n\n

After a thorough review of the project\u2019s financials, DOE found that the conditions necessary to issue the guarantee are unlikely to be met and it is not critical for the federal government to have a role in supporting this project. To ensure more responsible stewardship of taxpayer resources, DOE has terminated its conditional commitment.<\/p>\n\n\n\n

DOE is conducting a review of every applicant and borrower \u2013 including the nearly $100 billion in closed loans and conditional commitments LPO made between Election Day 2024 to Inauguration Day 2025 \u2013 to ensure every single taxpayer dollar is being used to advance the best interest of the American people. This ongoing review positions LPO to move forward with a lower risk tolerance in lending practices and an uncompromising focus on expanding access to affordable, reliable and secure energy for the American people.<\/p>\n\n\n\n

DOE remains focused on advancing projects that expand American energy dominance and deliver on President Trump\u2019s commitment to lower energy prices for the American people.<\/p>\n\n\n\n

###<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Energy today announced the Loan Programs Office has terminated its conditional commitment for the Grain Belt Express Phase 1 project.<\/p>\n","protected":false},"author":121246920,"featured_media":390674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"The DOE has terminated its financial support for the Grain Belt Express project, aiming for responsible management of taxpayer resources.","jetpack_seo_html_title":"Grain Belt Express Project Funding Termination by DOE","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691820954,691831852,691836793,691832365,691836795,691836794],"class_list":{"0":"post-390671","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-department-of-energy-doe","9":"tag-energy-dominance","10":"tag-grain-belt-express","11":"tag-loan-programs-office-lpo","12":"tag-lower-energy-prices","13":"tag-wind-and-solar-capacity","15":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/07\/AQNCO8HK_F3YFWN0jG2SqjuYpFthryDwdThuIVw_1KpkMH7KAKsjhPA48FVXuvhuIMG9hXhufyxbWwSJ_C8SrrZnp3NQD1UrivixXrW5SYzDGO1llWfUHNkkObuY7gvGjJ4hKrqW1r04ia6kbxZNlVxXzXdrww.jpeg?fit=1280%2C1280&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1DD9","jetpack-related-posts":[{"id":388750,"url":"https:\/\/climatescience.press\/?p=388750","url_meta":{"origin":390671,"position":0},"title":"Trump Admin To Kill Another Massive Green Boondoggle, Hawley Says","author":"uwe.roland.gross","date":"07\/14\/2025","format":false,"excerpt":"Republican Missouri Sen. 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Legislation passed on party-line votes, most notably the $1 trillion Inflation Reduction Act, allocated hundreds of\u2026","rel":"","context":"In \"$1 trillion Inflation Reduction Act\"","block_context":{"text":"$1 trillion Inflation Reduction Act","link":"https:\/\/climatescience.press\/?tag=1-trillion-inflation-reduction-act"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQM7Oyla0kuWK6ifzQT6V0hRx_r8kVkHFOMdSZ7vXlR4opTI0Dy6lssdaax5KkgiYJ31M2M9SNCnOnc__KjBKxwS_HJ1-_2vq4x1j7M_9vK2NcIuZHVAoBZVW3o_S3r74w3K3UGzM0aLb1UZkK2iNEmM-uy1LA.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQM7Oyla0kuWK6ifzQT6V0hRx_r8kVkHFOMdSZ7vXlR4opTI0Dy6lssdaax5KkgiYJ31M2M9SNCnOnc__KjBKxwS_HJ1-_2vq4x1j7M_9vK2NcIuZHVAoBZVW3o_S3r74w3K3UGzM0aLb1UZkK2iNEmM-uy1LA.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQM7Oyla0kuWK6ifzQT6V0hRx_r8kVkHFOMdSZ7vXlR4opTI0Dy6lssdaax5KkgiYJ31M2M9SNCnOnc__KjBKxwS_HJ1-_2vq4x1j7M_9vK2NcIuZHVAoBZVW3o_S3r74w3K3UGzM0aLb1UZkK2iNEmM-uy1LA.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQM7Oyla0kuWK6ifzQT6V0hRx_r8kVkHFOMdSZ7vXlR4opTI0Dy6lssdaax5KkgiYJ31M2M9SNCnOnc__KjBKxwS_HJ1-_2vq4x1j7M_9vK2NcIuZHVAoBZVW3o_S3r74w3K3UGzM0aLb1UZkK2iNEmM-uy1LA.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQM7Oyla0kuWK6ifzQT6V0hRx_r8kVkHFOMdSZ7vXlR4opTI0Dy6lssdaax5KkgiYJ31M2M9SNCnOnc__KjBKxwS_HJ1-_2vq4x1j7M_9vK2NcIuZHVAoBZVW3o_S3r74w3K3UGzM0aLb1UZkK2iNEmM-uy1LA.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":243324,"url":"https:\/\/climatescience.press\/?p=243324","url_meta":{"origin":390671,"position":3},"title":"What Debt Ceiling? 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