Trump, Big Beautiful Bill and Tax Credits
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President Donald Trump will join lawmakers as well as energy and tech titans at the inaugural Energy and Innovation Summit in Pittsburgh, Pennsylvania, next week.
Days after the passage of a sprawling domestic policy bill, the Trump administration announced moves that could further hamstring renewable energy.
In a worst case scenario, Pacific Northwest National Laboratory could lose 1,100 employees due to federal budget cuts proposed by President Trump for the coming fiscal year, according to Friends of PNNL.
U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects.In an executive order,
An executive order President Trump issued this week created fresh uncertainties for renewable-energy investors, including private-equity firms, only days after the passage of his tax-and-spending bill encouraged developers to start new projects within the next year.
A new executive order further lowers government support for renewable power. Stocks including First Solar and Enphase Energy dropped on Tuesday.
Under the Trump Adminstration's One Big Beautiful Bill, Oregon could lose about 4 gigawatts of planned wind and solar energy, or enough energy to power one million homes.
Renewable-energy stocks fell, after President Trump issued an executive order calling for tight application of the eligibility rules for clean-energy tax credits. Shares in solar-equipment maker First Solar fell about 5% in morning trading Tuesday,
While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: The outlook for crude demand is set to worsen.
The deal with Republican holdouts to end incentives for wind and solar power paved the way for passage of Trump’s mega-tax-and-spending bill. Trump’s July 4 signature on the bill completed the legislative assault on the Inflation Reduction Act’s subsidies for renewable energy.