States Accelerate Clean Energy Initiatives Amid Federal Retreat

1 min read
Source: The New York Times
States Accelerate Clean Energy Initiatives Amid Federal Retreat
Photo: The New York Times
TL;DR

Despite efforts by the Trump administration to slow renewable energy development through policy and permit restrictions, the sector is experiencing a surge in installations driven by companies rushing to utilize expiring federal tax credits, leading to a record pipeline of solar, wind, and battery projects in the US, although future growth may slow down post-2027 and could result in higher energy prices.

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