Environment & Energy
Related: About this forumSolar and Wind Power Face Serious Threats From the Trump Administration
Less than a year into President Trumps time in office, clean energy developers face a slew of unanticipated threats from the White House and Republicans in Congress that could slow the industrys growth in ways unimaginable just a year ago.
During Trumps presidential campaign, energy analysts were skeptical of his promise to preserve the coal industry at the expense of wind and solar. Even the most aggressive attempts at regulatory rollback couldnt reverse the market forces driving the decline in coal, they reasoned.
But the administration has not stopped at mere deregulation. From the threat of a subsidy for coal-fired power plants to a tax bill that hurts the financing of clean-energy projects, Republicans in Washington have launched a campaign against renewable energy that includes market interventions that alarm other industries, including oil and gas.
Even if these measures never come to fruitionadvocates of transitioning from fossil fuels are pushing backthe changed mood in Washington threatens to undermine the confidence of companies planning to invest in renewables. Jeff Waller, of the Rocky Mountain Institutes sustainable finance practice, described the lingering threats as a spook factor that hangs over investment.
All these different things add uncertainty to planning and project development, Waller says.
Much more (includes video): http://time.com/5049849/solar-power-wind-power-trump-coal/?utm_source=time.com&utm_medium=email&utm_campaign=the-brief&utm_content=2017120914pm&xid=newsletter-brief
democratisphere
(17,235 posts)Looking forward to strengthening renewable energy installations after they are gone, gone, gone!
Rhiannon12866
(205,208 posts)When wind and solar are cheaper, safer and cleaner. We need to continue moving ahead rather than back to the 1800s - makes no sense to me.
democratisphere
(17,235 posts)no rational explanation.
Rhiannon12866
(205,208 posts)The job of any POTUS we've ever had - and how his administration is judged - is moving ahead and making life better for the American people. These fools seem determined to drag us back to unworkable policies we rejected long ago - not to mention severely damage our place in the global community.
democratisphere
(17,235 posts)Trying to recover our credibility in the eyes and ears of the world will be difficult, if not I'm possible.
Rhiannon12866
(205,208 posts)That high?? Who are these people?? I sure as hell don't know any. I feel like this is an emergency situation and every day counts - that he needs to be removed as soon as possible before he does anymore damage - to this country - and the trouble he's now causing on the world stage.
democratisphere
(17,235 posts)cheated out of the former "American Dream"; these people are a large segment of his 32% hardcore drumpf base. Mueller is our greatest hope for eradicating drumpf, his family and his administration from the WH and Oval Office.
Rhiannon12866
(205,208 posts)The only one who's likely to benefit from Trump's policies is Trump himself - and his billionaire cronies, of course. His base may be comprised of "uninformed" voters, but then we also have never had a serial liar in the Oval Office before.
It's kinda scary to know that it all depends on Mueller...