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What's Ahead for Clean Power Now That U.S. Policy Has Turned Against It?

What's Ahead for Clean Power Now That U.S. Policy Has Turned Against It?

Summary

In recent months, the U.S. has seen a decrease in new clean energy projects like solar and wind power. This decline comes after changes in federal policy under the Trump administration, which removed support for these types of energy projects. The changes have caused uncertainty for the clean power industry.

Key Facts

  • Clean energy projects in the U.S. have decreased recently.
  • There have been fewer agreements to buy clean energy in early 2025 compared to the previous year.
  • Wind power and battery storage announcements dropped by about 90% from the first to the second quarter of the year.
  • The Trump administration has taken steps to reduce federal support for clean energy, such as removing tax incentives.
  • Federal policy changes halted the construction of offshore wind projects and limited renewable energy on public land.
  • Jason Grumet, CEO of the American Clean Power Association, expressed concerns about the impact of political changes on clean energy investment.
  • Grumet will speak at a Newsweek event during Climate Week NYC.
  • Grumet has previously led bipartisan energy policy efforts and is an advocate for reducing political conflict in energy discussions.

Source Information