Trump Administration Curtails Wind, Solar Projects Across U.S.
Trump Administration Curtails Wind, Solar Projects Across U.S.

Trump Administration Curtails Wind, Solar Projects Across U.S.

News summary

The Trump administration has implemented a series of new policies and regulatory barriers aimed at slowing the growth of wind and solar power in the United States, including slashing tax incentives, imposing stricter permitting reviews, and rescinding previous approvals for major renewable projects. These actions, justified in part by concerns over the land use and 'energy density' of renewables, have led to delays or cancellations of over $22 billion in clean energy projects and the loss of thousands of jobs, many in Republican states. Critics from both parties, as well as industry groups, warn that these changes will raise power prices, increase red tape, and undermine the nation’s ability to expand its renewable energy capacity. Meanwhile, global trends show a sharp decline in the costs of renewables and rapid international expansion, with wind and solar on track to become the world’s primary sources of electricity by 2026. The US, however, risks falling behind in the global renewable energy transition due to these restrictive federal policies.

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4
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Center
1
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0
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Last Updated
22 days ago
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