Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»How Trump views clean energy – Firstpost
    Commodities

    How Trump views clean energy – Firstpost

    September 6, 20257 Mins Read


    Since returning to the White House, President Donald Trump has been reshaping the United States’ energy policy in ways that have alarmed advocates of renewable energy. His administration has rolled back incentives for wind and solar, halted projects already underway and sought to direct investment toward nuclear power and fossil fuels instead.

    According to Reuters, officials close to the president have said the rationale is partly economic, partly aesthetic, and partly nationalistic, as nuclear power is seen as “more American” than wind and solar.

    STORY CONTINUES BELOW THIS AD

    Nuclear as the “patriotic” option

    According to Jarrod Agen, director of the US Energy Dominance Council, nuclear power fits more closely with the administration’s long-term vision than other clean energy sources. He argued that nuclear energy is more likely to be built with American parts and by American companies, which makes it a priority for federal financial backing, including loan guarantees and tax breaks, Reuters reported.

    Agen described nuclear power as a “long-term play” that had not received the same investment focus as intermittent renewables like wind and solar. He added that the president viewed nuclear expansion as part of a three-pronged strategy to strengthen US energy and technological dominance. These are extending the life of existing coal plants, improving grid efficiency and investing in next-generation nuclear. In this framing, nuclear energy was not just a climate or energy issue but part of a broader competition with China, particularly in the field of artificial intelligence.

    Renewables under siege

    By contrast, the Trump administration has taken an aggressive stance against wind and solar. Since January, the White House has halted permitting for wind projects on federal land and waters, rescinded Biden-era plans for offshore leasing and revoked permits for projects that were already underway. As per a Bloomberg report, the Revolution Wind project off Rhode Island — 80 per cent complete — was ordered to stop construction, ostensibly on national security grounds.

    Trump’s Interior Department has also tightened approval processes for renewable projects, requiring personal sign-off from the Secretary of the Interior for all new wind and solar projects on federal land. This effectively subjects proposals to political scrutiny and delays, while simultaneously expanding opportunities for oil and gas drilling.

    Why Trump dislikes wind and solar

    The president has made no secret of his disdain for wind and solar power. He has long described wind turbines as ugly, inefficient and even dangerous. In July, after visiting his golf resort in Scotland, he reiterated that “windmills are a disgrace,” calling them bird-killing eyesores and “the most expensive form of energy there is”. Years earlier, he had unsuccessfully tried to block an offshore wind project near the same course.

    Solar has fared little better in his rhetoric. Trump has mocked large solar farms as “big ugly patches of black plastic” that despoil farmland and rely heavily on Chinese imports. He has also portrayed renewable power more generally as unreliable, citing the fact that the sun does not always shine and the wind does not always blow. While developers have increasingly turned to batteries to address this intermittency, Trump has remained sceptical, Bloomberg reported.

    Reversing the Biden legacy

    Trump’s hostility to renewables represents a dramatic reversal of the policies put in place by his predecessor. Under Joe Biden, the Inflation Reduction Act (IRA) was hailed as the most significant climate legislation in US history, providing long-term tax credits and subsidies that spurred a wave of investment in clean energy. But the Trump administration has worked quickly to undermine those measures.

    The new tax-and-spending law, branded the “One Big Beautiful Bill Act,” phases out key credits for wind and solar earlier than planned. The Treasury Department has also issued guidance that makes it more difficult for projects to qualify for the remaining incentives. Beyond subsidies, the administration has launched trade probes that could result in new tariffs on wind turbine parts and polysilicon for solar panels, further raising costs for developers.

    The cost debate

    The administration has justified its actions partly by pointing to rising electricity costs. Officials have argued that adding renewable energy to the grid has driven up prices for households and businesses. Nationally, electricity costs rose at more than twice the rate of inflation over the past year, a trend the White House attributes to the expansion of intermittent power sources, Bloomberg said.

    However, independent analyses suggest a different picture. Much of the increase has come not from renewables themselves but from the cost of upgrading the nation’s aging grid. Utilities have been spending heavily on transmission lines, poles and other infrastructure, both to accommodate new sources of energy and to harden systems against extreme weather. According to Bloomberg, analysts warn that slowing down renewables could actually make the supply crunch worse, as coal and gas plants retire and demand grows from industries such as data centres and artificial intelligence.

    STORY CONTINUES BELOW THIS AD

    Economic fallout for the clean energy sector

    The administration’s moves have already had significant economic effects. According to the advocacy group E2, $22 billion worth of clean energy projects were scrapped or downsized in the first half of 2025 alone, with job losses and investment shortfalls concentrated in states that had previously benefited from the IRA. Offshore wind, which was just beginning to take off in the US, has been especially hard-hit, as developers face both political uncertainty and financial losses from halted projects.

    Smaller and mid-sized renewable developers are considered particularly vulnerable, lacking the resources to weather prolonged policy shifts. Larger firms have expressed cautious optimism that they can continue building projects grandfathered under existing credits, but even they face a tougher economic environment.

    Renewables still competitive

    Despite the administration’s rhetoric, independent cost assessments show that renewables remain competitive. BloombergNEF estimates that onshore wind and solar are cheap enough to compete directly with new natural gas plants, even without subsidies. Offshore wind remains more expensive but is still cheaper than new nuclear builds, which are slow to construct and face their own economic hurdles.

    Blue states like California and New York continue to push forward with renewable energy, seeking to decarbonise their grids regardless of federal policy. Even in red states, renewables have proven popular. Texas, for instance, has led the country in wind generation and ranks second in solar, with most of its new grid capacity since 2020 coming from renewables or batteries. That momentum, however, could falter under Trump’s accelerated subsidy phaseouts.

    Long-term outlook

    The uncertainty created by Trump’s policies has raised alarms about the long-term outlook for US renewables. Developers and financiers may grow wary of committing to projects if they fear federal support can be withdrawn suddenly, even for projects already near completion. States counting on offshore wind to meet climate goals and rising demand could face setbacks, while the country as a whole risks losing ground in the global clean energy race.

    At the same time, the administration’s favoured alternatives — nuclear and fossil fuels — face their own challenges. New nuclear capacity is years away from becoming operational, while gas and coal plants continue to retire due to age and market pressures. As per Bloomberg, analysts warn that slowing renewables could leave the US struggling to meet rising demand while falling behind in energy innovation.

    STORY CONTINUES BELOW THIS AD

    A defining energy philosophy

    Ultimately, Trump’s clean energy stance reflects more than economics. It embodies a broader worldview that prizes nationalism, aesthetics and traditional energy dominance over climate goals. Wind farms are derided as ugly, solar farms as land-grabbers tied to China, and nuclear energy as the patriotic option that showcases American technology and resilience.

    The result is a sharp break from the trajectory set under Biden and a return to a vision of energy policy where fossil fuels remain central, and nuclear is elevated as the clean alternative worthy of federal support. Whether that approach can deliver affordable, reliable, and competitive energy for the future remains a subject of fierce debate.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump Lifts Tariffs on Key Commodities Amid Economic Pressures

    Commodities

    WSO’s sustainable certification: a pathway to modern agricultural advancement

    Commodities

    Heavy metal nun band Dogma implode with accusations of “manipulation” and “mistreatment”

    Commodities

    U of T researchers develop ultra-strong, lightweight metal composite that can withstand extreme heat

    Commodities

    Trade deals to boost US ag industry with new market access to Latin America

    Commodities

    Precious Metal Gems: A history of grail cards from Michael Jordan to Batman

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    What Is Libra Crypto? The Story Behind Facebook’s Digital Currency Venture | Crypto Data Space

    Cryptocurrency

    China Turns Digital Currency into a Weapon of Global Power

    Investments

    Oportun Financial Says CFO Jonathan Coblentz Notified Co of Plans To Retirement (en anglais) -Le 12 février 2025 à 23:47

    Editors Picks

    à Digne-les-Bains, un cœur en métal en hommage aux bénévoles

    June 19, 2025

    S&P/TSX composite rise more than 140 points

    August 12, 2025

    soutenu par l’investisseur Icawood, le promoteur WO2 reste ambitieux

    May 27, 2025

    Salvatore Castagna Revolutionizes Passive Income with Customizable Cryptocurrency Devices

    March 24, 2025
    What's Hot

    The 1 Reason the Navy Is Retiring a Nimitz-Class ‘Nuclear’ Aircraft Carrier

    October 13, 2024

    PS5 Pro Adds Frame Rate Option for Metal Gear Solid Delta

    October 30, 2025

    NTT DATA Launches Agentic AI Services for Hyperscaler AI Technologies

    March 23, 2025
    Our Picks

    Quant Unveils QuantNet to Link Banks With Tokenised Money and Digital Assets

    September 29, 2025

    Tether Invests in Shiga Digital to Expand USDT Use in Africa

    June 6, 2025

    Chinese-aided agricultural poverty reduction project launched in Mozambique

    October 14, 2025
    Weekly Top

    Eddie Hearn claims Conor Benn will box Chris Eubank Jr into RETIREMENT in grudge rematch – despite his fighter coming up short in their first bout

    November 14, 2025

    U of T researchers develop ultra-strong, lightweight metal composite that can withstand extreme heat

    November 14, 2025

    S&P 500 Drops 0.1% & NASDAQ Rises 0.2% as Tech Shares Lead a Broad Market Selloff

    November 14, 2025
    Editor's Pick

    HOA Suing A Family Farm For ‘Damaging Property Values’

    October 12, 2024

    GLOBAL X ANNONCE LA DISSOLUTION DE FNB

    June 9, 2025

    Barrick Quarterly Earnings Buoyed by Higher Prices

    May 7, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.