Tag Archives: First Solar Inc.
Supporters, Opponents of Offshore Wind Both Look for Hopeful Signs in Trump Administration
On the day after the elections last week, and even before, the airwaves were crammed with speculation about how this, that, and the other sectors of American life and the economy would fare under a Trump administration. The chatter included the future of offshore wind, which was born in the United States in 2016 off the coast of Block Island and continues to generate heavy support and heavy opposition. President-elect Donald Trump has expressed hostility toward offshore wind and has said he would put an end to the industry “on day one” of his administration. Trump-supporting Republicans have vowed to put an end to President Joe Biden’s 2022 Inflation Reduction Act, including tax credits for big projects such as offshore wind. A large share of the IRA’s $891 billion price tag is targeted toward renewable energy and related technologies. more, >>CLICK TO READ<< 07:53
