US green energy firms brace for federal funding cuts

US green energy firms brace for federal funding cuts 57 minutes ago Share Save Zoe Corbyn Technology Reporter Reporting from San Francisco Share Save Getty Images President Trump has described windfarms as "disgusting" and "ugly" US green fuel company HIF Global has a big vision for Texas's Matagorda County: a $7bn (£5.2bn) commercial scale e-methanol factory to supply the world market. The plant, which it claims would be the largest to date anywhere, would make e-methanol from captured carbon dioxide and green hydrogen produced on site using renewable energy. Its construction would create thousands of jobs and the product would power ships and planes in a far cleaner way. But the company has yet to make its final investment decision. It is waiting to see what the Republican-led Congress does to clean energy tax credits, in particular the one for clean hydrogen production. The fate of the subsidies is part of a sweeping budget bill currently under consideration by the Senate. A vers ... Read full article.