Clean Energy Faces Hard Market Truths ...Middle East

Economy by : (OILPRICE) -
As soon as the November 2024 election results were in, proponents of the energy transition started warning the end of their industries was nigh. They weren’t wrong. Trump has wasted no time clipping the wings of wind, solar, EVs, and related industries that have enjoyed years of generous financial support—from taxpayers’ money. This is now over, and these industries will need to learn to survive on their own. Republican legislators are busy drafting ways to slash billions in subsidies that have contributed significantly to the…

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