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Trump tax bill puts US clean energy industry under threat of relentless subsidy slashes
Among the hardest hit were solar and renewable energy stocks, with NextEra Energy and Enphase Energy shares plummeting 6.4% and 19.6%, respectively. The Invesco Solar ETF fell as much as 10%, and residential solar play Sunrun, which reaped heavily from IRA subsidies, closed down 37%.
Research suggests creating renewable energy might not lower production of fossil fuels
Increasing renewable energy may not reduce the use of fossil fuels in the United States, according to a study by Ryan Thombs, assistant professor of rural sociology in Penn State's College of Agricultural Sciences.
Clean energy money is gushing to red states. Now GOP senators are in a bind.
Hundreds of billions of dollars in spending on red-state projects are jeopardized by Trump’s sweeping tax bill, which will face intense lobbying in the Senate.
Chevron announces layoffs at Iowa-based renewable fuel facility
The layoffs will take effect on June 18, according to a notice on Iowa's Worker Adjustment and Retraining Notification Act (WARN) website.
pv magazine International3d
US bill poses challenges to renewable energy industry
Proposed US budget could deter renewable energy development and weaken domestic manufacturing by phasing out key clean energy tax credits early, says a Wood Mackenzie analyst.
Science Daily1d
Does renewable energy reduce fossil fuel production in the US?
Increasing renewable energy may not reduce the use of fossil fuels in the United States, according to a new study .
Weather-Fox on MSN13d
Top Renewable Energy Sources Shaping the Future Globally
Discover the top renewable energy sources like solar, wind, hydro, and biomass, driving a sustainable future and global change. The post Top Renewable Energy Sources Shaping the Future Globally appeared first on weather-fox.
Renewable Energy Is Booming in Texas. Republicans Want to Change That.
Despite soaring power demand, Republican lawmakers in the Texas Legislature are pushing to rein in renewable energy, part of a national wave of Trump-era opposition.
KTIV3d
Renewable energy industry becoming a powerful source of employment in South Dakota
South Dakota is among the top three states nationally in percentage of energy generated from renewable sources, leaving it well positioned to provide both jobs in the field and trainers like Pearson who will help meet demand for workers.
China, South Korea and Japan looking into Asean’s clean energy market amid US scale-back
A report found that China invested the most public financing in Asean clean energy with over US$2.7 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Don’t Mention Climate: Now, Clean Energy Is All About the Money
The Inflation Reduction Act was once hailed as the biggest climate law in U.S. history. But as supporters try to save it, they’ve stopped talking about the environment altogether.
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