Biden-era clean energy provisions on the chopping block in Trump agenda bill proposals

Biden-era clean energy provisions on the chopping block in Trump agenda bill proposals


Before the 2024 presidential election, clean energy companies and industry commentators were relatively bullish about the prospects for their field, irrespective of who might win and what that might mean in terms of possible policy changes.

The bedding-in of projects, the promise of subsidies and credits from then-President Joe Biden’s Inflation Reduction Act, and the simple fact of an increasing economic focus on clean energy — all these pointed to a rosy future based on some kind of certainty.

“Our upbeat outlook on the renewables sector is generally independent of questions about the future of green energy related to the potential impact of the upcoming U.S. elections,” private equity group KKR said in its report titled “Market Review Infrastructure June 2024.”

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President Donald Trump’s administration, however,

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