The Department of Energy has scrapped a nearly $5 billion loan program for the Grain Belt Express, a nearly 600-mile-long electric line for wind & solar projects out of the Midwest.
The Department says it was a project “rushed out the door” in the final days of the Biden Administration. It also says the conditions necessary to issue the $4.9 billion loan are unlikely to be met, and it is not critical for the federal government to play a role in the project.
The Grain Belt Express was intended to connect wind and solar facilities across Kansas and Missouri. Senator Josh Hawley previously said the 600-mile project would put farmers in danger of losing land.
Related Stories
“Now, we don’t know if income is dependent on a trade issue, and extra payment or disaster... or any number of things that we used to not have as high on the list of potential problems.”
“We raise one-third of the total U.S. pigs raised here come from Iowa. So, one out of every three pigs is raised right here in Iowa.”
