Politics8/14/2025Bloomberg

Trump’s Treasury Set to Decide Fate of Hundreds of Wind, Solar Projects

Trump’s Treasury Set to Decide Fate of Hundreds of Wind, Solar Projects

The article discusses the potential impact of tax guidance from the Trump administration's Treasury Department on the renewable energy industry in the United States. The guidance, expected to be released next week, could determine the fate of hundreds of wind and solar projects across the country. The article suggests that the tax guidance could threaten the financial viability of these projects, which rely on tax credits and other incentives to remain profitable. The renewable energy industry has expressed concerns about the potential changes, arguing that they could stall the growth of the sector and jeopardize thousands of jobs. The article also notes that the guidance is part of a broader effort by the Trump administration to roll back support for renewable energy in favor of fossil fuels. This move is seen by some as a political decision that could have significant economic and environmental consequences. Overall, the article highlights the high-stakes nature of the upcoming tax guidance and its potential impact on the renewable energy industry in the United States.

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