LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Trump targets solar and wind with tighter federal permitting in another blow to renewable industry

Robert Frost by Robert Frost
July 17, 2025
in Industries
Trump targets solar and wind with tighter federal permitting in another blow to renewable industry
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Democrats dig in on health care as threat of government shutdown looms

Tesla discontinues cheapest Cybertruck, no one wanted it

Get EV questions answered or test drive one at Drive Electric Month, in your area

Doug Burgum, U.S. Secretary of the Interior speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025

David A. Grogan | CNBC

Solar and wind projects that need federal permitting will face even closer scrutiny by the Trump administration, with Interior Secretary Doug Burgum now making the final decision on whether they proceed on U.S.-owned lands.

Burgum will now have “final review” of leases, rights-of-way, construction plans and every other aspect of the Interior Department’s federal permitting process for wind and solar projects, according to an internal memo published by the department on Thursday.

The Interior Department said in a statement that it is “levelling the playing field” for coal and natural gas “after years of assault” by Biden administration. The renewable industry’s main lobby group the American Clean Power Association said the action amounted to politically motivated obstruction.

“The Interior Department adds three new layers of needless process and unprecedented political review to the construction of domestic energy projects,” ACP CEO Jason Grumet said in a statement.

“This isn’t oversight. It’s obstruction that will needlessly harm the fastest growing sources of electric power,” Grumet said.

Interior is adding bureaucracy and red tape that will slow electricity production growth at a time when demand is rising from artificial intelligence data centers, said Stephanie Bosh, a spokesperson at the Solar Energy Industries Association.

“It is deeply unfortunate that this administration’s energy policy continues to favor specific technologies rather than advance true American energy dominance,” Bosh said in a statement.

Interior’s action is the latest blow delivered to the renewable energy industry by the Trump administration and Republicans in Congress. President Donald Trump’s One Big Beautiful Bill Act terminates key tax incentives that have supported the growth of wind and solar projects in the U.S.

Trump issued an executive order shortly after the legislation passed that called for Interior “to eliminate preferential treatment for wind and solar facilities compared to reliable, dispatchable energy sources,” a reference to coal, natural gas and nuclear power.

About 5% of solar projects and 1% of wind projects are located on federal land, according to ACP.



Source link

Share30Tweet19
Previous Post

Lucid (LCID) shares surged +50%, so why did it announce a major reverse stock split?

Next Post

Nasdaq files application to add staking for BlackRock iShares ETH ETF

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Democrats dig in on health care as threat of government shutdown looms
Industries

Democrats dig in on health care as threat of government shutdown looms

September 13, 2025
Tesla discontinues cheapest Cybertruck, no one wanted it
Industries

Tesla discontinues cheapest Cybertruck, no one wanted it

September 13, 2025
Get EV questions answered or test drive one at Drive Electric Month, in your area
Industries

Get EV questions answered or test drive one at Drive Electric Month, in your area

September 13, 2025
OpenAI’s spending spree is powering the tech industry. Oracle is the latest winner
Industries

OpenAI’s spending spree is powering the tech industry. Oracle is the latest winner

September 13, 2025
Next Post
Nasdaq files application to add staking for BlackRock iShares ETH ETF

Nasdaq files application to add staking for BlackRock iShares ETH ETF

Related News

More school strike dates set for next month over a pay dispute

More school strike dates set for next month over a pay dispute

October 25, 2023
‘No question Bitcoin hits M’ — Eric Trump at BTC Asia 2025

‘No question Bitcoin hits $1M’ — Eric Trump at BTC Asia 2025

August 30, 2025
GM announces it will also adopt Tesla’s NACS connector

GM announces it will also adopt Tesla’s NACS connector

June 8, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?