White House Pulls the Plug on a Half-Trillion-Dollar Money Hack—Is Your Wallet About to Break Up with You?
Added on May 7, 2025 inPolitics Cards
Popular
Numerology Meets Netflix: Get Your Daily Dose of Cosmic Cinema Suggestions Powered By Our AI Astrologer. Find The Show Or Movie You Were Meant To See!
Then Join Our FREE Newsletter To Watch Your Choice Of Movies And Shows For FREE Plus Get The Latest Entertainment News And Updates!
Is Mercury in retrograde—or did the Trump administration just decide to throw a cosmic wrench into the American wallet? Because y’all, when the government talks about yanking the plug on Energy Star—the little blue badge that’s been quietly hoarding us savings north of half a trillion dollars since ’92—it feels like we’re all stuck in a planetary misalignment of epic proportions. This isn’t your average “meh” budget cut; it’s a full-on eclipse of a program that slashed an estimated $40 billion off energy bills every year, putting roughly $1,176 back in the hands of each of the 340 million Americans. That’s some serious green, and not just the kind you find under your couch cushions. Beyond the dollars, Energy Star has been the unsung hero, preventing billions of metric tons of greenhouse gases from turning our atmosphere into a literal sauna—equivalent to removing nearly a billion gas-guzzling cars from the road annually. So, just as the stars align to remind us to save and conserve, the EPA allegedly plans to end this stellar program altogether, leaving citizens, builders, and even Elon Musk’s Department of Government Efficiency scratching their heads. What gives? Ready to dive into the drama where dollars, destiny, and decluttering toxic emissions all collide? LEARN MORE.
The Trump administration intends to axe a program that has saved Americans in excess of $500 billion since its creation, according to sources.
If you’re a homeowner or tenant in the US, chances are you’ve come across that iconic blue label you find on your white goods, and while we’ve all probably been taking it for granted, it’s actually been saving you a pretty penny.
It’s there to show consumers how energy efficient the home appliance they are after, and having formed back in 1992, these days it’s said to save Americans around $40 billion every year.
Which equates to every single American saving $1,176 per year – on the grounds that there are 340 million living in the US.
The $500 billion figure comes from a federal report dating back to 2023, while the $40 billion comes from the federal legislative director at the US Green Building Council, Ben Evans.
“Energy Star saves consumers and businesses more than $40 billion every year just by giving them clear information about the energy efficiency of products or buildings,” he told The Washington Post. “And it does that at a cost of $32 million. So it is an incredible bang for the buck.”
But even still, the Environmental Protection Agency (EPA) plans to bring Energy Star to an end, at least according to three sources of the newspaper.
Evans has described the government’s alleged intentions as being ‘incredibly shortsighted’ if it was to go ahead, suggesting it would even be undermining with Elon Musk‘s Department of Government Efficiency (DOGE) ambition to save taxpayers money.
President Donald Trump’s administration is believed to have shown intent to close down Energy Star (Andrew Harnik/Getty Images)
The Post’s sources, who all wished to remain anonymous, leaked to the outlet that a company-wide meeting of the EPA’s Office of Atmospheric Protection, saw officials from the Trump administration inform them that the office was to close and Energy Star would be axed.
Some of energy saving standards brought in by Energy Star to save Americans money were that construction workers are able to claim a $2,500 federal tax credit for building homes.
Although it is unclear as to what will happen with these tax credits, as well as the federal tax credits homeowners can claim back on energy efficient upgrades.
The 2023 federal report claimed that Energy Star has prevented around four billion metric tons of greenhouse gases from entering our atmosphere, which roughly equates to taking more than 933 million cars off the roads of America annually – and we’re talking gas motors, not electric.
){kind=link}