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Renewables Bruised, Not Broken, by US Policy Shift
The One Big Beautiful Bill Act has reshaped the US clean energy landscape. Designed to scale back major US decarbonization programs while promoting fossil fuels, the OBBBA has severely restricted the rollout of solar, wind and energy storage projects while also taking direct aim at electric vehicles. The impact of the new law has been dramatic, but could it have been worse? And what does the whiplash between presidential administrations mean for the feasibility of future investments in the US? On today’s show, Tom Rowlands-Rees talks with BloombergNEF’s head of country and policy research, Ethan Zindler, who also previously worked as climate counselor to former US Treasury Secretary Janet Yellen. Joining them is senior policy associate for North America Derrick Flakoll, and together they discuss recent BNEF notes including “One Big Bill, Many Impacts for US Energy Economy” and “New US Clean Energy Tax Rules Could Have Been Worse.”
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF
Links to research notes from this episode:
Trump Signals Deeper Cuts to Clean-Tech Factory Subsidies - https://www.bnef.com/insights/37297
New US Clean Energy Tax Rules Could Have Been Worse: React - https://www.bnef.com/analyst-reactions/t11xthgp9vd100
Trump Slams the Brakes on US Wind and Solar Growth - https://www.bnef.com/insights/37073
One Big Bill, Many Impacts for US Energy Economy - https://www.bnef.com/insights/37051
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Published on 3 days, 14 hours ago