President Donald Trump signed an executive order on July 7, 2025, directing the termination of federal subsidies for energy sources controlled by foreign entities. The order specifically targets subsidies for wind and solar energy, citing concerns over national security, grid sustainability, and reliance on foreign adversaries. It aims to end market-distorting subsidies for these renewable energy sources, which are described as expensive and unreliable. The executive order instructs the Treasury Department to strictly enforce the termination of tax credits for wind and solar projects, including tightening rules that restrict projects from locking in incentives unless substantial construction is completed. This move follows a broader $3.4 trillion budget bill that sought to eliminate green energy subsidies. The directive also seeks to remove regulations that prioritize wind and solar over other energy sources, signaling a shift in federal energy policy away from renewables.
Energy Secretary Chris Wright is defending the Trump administration's decision to eliminate wind and solar subsidies as part of a broader tax cut package, arguing that renewable energy sources actually make electricity more expensive rather than cheaper. https://t.co/bprMlndJsk
A dozen solar and wind projects in California now face potential delays or cancellation because of changes to tax credits in President Trump's recent budget law, @AlejandroLazo reports. https://t.co/k3imvK5n1d
Clean-energy projects have new deadlines for federal tax credits and limits on foreign parts, taking aim at California's climate agenda. Eleven solar projects and one onshore wind project now face potential delays or cancellation https://t.co/LciJhT6zae 📝 @AlejandroLazo