Tap Into the $65B 'Shroom Boom'

People are rapidly discovering how mushrooms can enhance brain function, gut health, immunity, and more. The only thing holding them back? A simple way to grow them. Hypha Labs built a compact countertop device to solve exactly that.

EPA cancels $7 billion Biden-era grant program to boost solar energy

ALEXA ST. JOHN and MATTHEW DALY
August 07, 2025

WASHINGTON (AP) -- The Environmental Protection Agency on Thursday terminated a $7 billion grant program that was intended to help pay for residential solar projects for more than 900,000 lower-income U.S. households.

It's the latest Trump administration move hindering the nation's shift to cleaner energy.

The funding, part of Democratic President Joe Biden's Solar for All program, was awarded to 60 recipients including states, tribes and regions for investments such as rooftop solar and community solar gardens.

Solar, a renewable energy, is widely regarded as a way to introduce cleaner power onto the electrical grid and lower energy bills for American consumers.

EPA Administrator Lee Zeldin said in a statement on social media that authority for the program was eliminated under the tax-and-spending bill signed last month by Republican President Donald Trump. The law eliminated the Greenhouse Gas Reduction Fund that was approved under the 2022 Inflation Reduction Act. The fund set aside $20 billion in "green bank" money for community development projects to boost renewable energy, and an additional $7 billion for the solar program.

"The bottom line is this: EPA no longer has the statutory authority to administer the program or the appropriated funds to keep this boondoggle alive,? Zeldin said. "Today, the Trump EPA is announcing that we are ending Solar for All for good, saving US taxpayers ANOTHER $7 BILLION!"

Sen. Bernie Sanders, I-Vt, who introduced the Solar for All program to slash electric bills for working families, called Zeldin's action illegal.

"Solar for All means lower utility bills, many thousands of good-paying jobs and real action to address the existential threat of climate change,? Sanders said in a statement. "At a time when working families are getting crushed by skyrocketing energy costs and the planet is literally burning, sabotaging this program isn't just wrong -- it's absolutely insane. We will fight back to preserve this enormously important program."

The Trump administration has already targeted the "green bank" funds, first freezing the grants, then terminating the agreements altogether. Zeldin called them "a clear cut case of waste and abuse" and a "gold bar" scheme earlier this year.

The EPA has argued that the tax and policy bill law repealed the green bank and allows the agency to rescind the money it has already obligated. The recipients of that money disagree. They say the bulk of the money had already been disbursed and isn't affected by the law.

Grant recipients have filed lawsuits challenging the administration's actions, and a judge ruled in April the EPA cannot freeze the contracts.

Rhode Island Sen. Sheldon Whitehouse, the top Democrat on the Senate Environment Committee, called Zeldin's elimination of the solar program a betrayal "that will further hike electricity costs and make our power grid less reliable."

"Trump is -- yet again -- putting his fossil fuel megadonors first," he added.

___

St. John reported from Detroit.

___

The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Continue Reading...

Popular

Paula Deen has abruptly closed the Savannah restaurant that launched her to Food Network fame

SAVANNAH, Ga. (AP) — Former Food Network star Paula Deen announced Friday the abrupt closure of the Savannah restaurant that launched her to fame with its menu of fried chicken, banana pudding and other indulgent Southern dishes.

Alex Karp Says Working At Palantir Is The 'Best Credential In Tech', Takes A Dig At Elite Colleges

Palantir CEO touts merit over elite credentials, declares company the best credential in tech, drawing comparisons to other non-traditional pathways.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Judge orders Trump administration to explain why order to restore Voice of America wasn't followed

A federal judge on Wednesday essentially accused the Trump administration of ignoring his orders to restore Voice of America's operations and explain clearly what it is doing with the government-run operation that provides news to other countries.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Senate committee advances Trump nominee to lead cybersecurity agency that protects election systems

NEW YORK (AP) — A U.S. Senate committee voted Wednesday to advance President Donald Trump’s pick to lead the agency that secures the nation’s critical infrastructure, .

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

It’s moo-ving day for dairy cattle at Michigan State University

EAST LANSING, Mich. (AP) — Dozens of dairy cattle were on the moo-ve Monday at Michigan State University.

BlackRock's New ETF BILT Bets On $68 Trillion Boom, But Most Investors Are Missing It

BlackRock debuts first actively managed infrastructure ETF (BILT), highlighting growing interest in this sector. Offers diversity and growth potential.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Jury orders Tesla to pay more than $200 million in Autopilot crash case

MIAMI (AP) — A Miami jury decided that Elon Musk’s car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $200 million in punitive damages.

Asian markets are mixed after Wall St tumbles following poor US jobs report

BANGKOK (AP) — Shares in Asia are mixed after Wall Street had its worst day since May following the release of data.

Is Your Capital Following a Real Strategy? - Ad

Trade with $100K-$200K funded capital-no manual trading. Our AI system skips charts, eliminates stress, and lands you funding. Thousands passed prop challenges with us. Apply now, book a call, and have $10K ready.

Passengers flee smoking jet on emergency slide after apparent landing gear problem at Denver airport

DENVER (AP) — Passengers slid down an emergency slide of a smoking jet at Denver's airport due to a possible problem with the plane's landing gear, authorities said.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

BYD Surpasses Tesla In Fortune Global 500 List Amid Sales Slump For Elon Musk's EV Giant

BYD surpassed Tesla on Fortune Global 500 list, with BYD at #92 and Tesla at #102. BYD's growth in global markets may be a factor.

Pakistan urges global social media platforms to block accounts run by banned militant groups

ISLAMABAD (AP) — on Friday urged to take action to block hundreds of accounts allegedly run by outlawed militant groups that Islamabad claims spread propaganda and glorify insurgents in the South Asian country.

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

All major Las Vegas Strip casinos are now unionized in historic labor victory

LAS VEGAS (AP) — When Susana Pacheco accepted a housekeeping job at a casino on the Las Vegas Strip 16 years ago, she believed it was a step toward stability for her and her 2-year-old daughter.

The Surprising New Date That Could Fuel the AI Boom - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

BitMine Stock Falls 15.1% After-Hours As Peter Thiel-Backed Company Files Shelf Offering, Might Consider Ethereum Purchase With Proceeds

Shares of Bitmine Immersion Technologies Inc. (AMEX:BMNR) plummeted in Monday's after-market trading after the company filed for a shelf offering to register securities for sale by selling stockholders

Back the Biotech Company Unlocking Mushroom Health Benefits for All - Ad

Functional mushrooms can boost mental, gut, and immune health-but people can't grow them at home. One company is making it easy with a patent-pending kitchen device. Think Nespresso, but for mushrooms. The functional mushroom market is projected to nearly double by 2030.

FOMC Meeting Preview: Will Jerome Powell Accelerate The Bitcoin, Ethereum, XRP Bull Run?

Bitcoin (CRYPTO: BTC) and other cryptocurrencies continue to trade sideways ahead of Wednesday’s Federal Open Market Committee meeting, though pundits expect volatility to pick up soon.

Tap Into the $65B 'Shroom Boom' - Ad

People are rapidly discovering how mushrooms can enhance brain function, gut health, immunity, and more. The only thing holding them back? A simple way to grow them. Hypha Labs built a compact countertop device to solve exactly that.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Chinese Bitcoin Mining Tech Producer Bitmain Is Betting Big On America—But Why?

Crypto mining hardware producer Bitmain Technologies is preparing to establish its first U.S. facility later this year, a move influenced by shifting industrial policies and a growing "Made in America" sentiment within the digital asset sector.

Why Spotify's Latest Results Look Worse Than They Are

Spotify (SPOT) stock drops after missing earnings and revenue expectations, despite strong user growth. Analysts maintain Overweight and Buy ratings.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Trump Says Semiconductors Will Face 100% Tariffs: Chip Stocks Are Moving After Hours

Chip stocks are bouncing around in Wednesday's after-hours session after President Donald Trump announced plans to slap tariffs on semiconductor companies that aren't "building" in the U.S.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service