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America Has Waved a White Flag on 21st-Century Technology Supremacy

UNITED STATES, JUL 7 – Trump directs federal agencies to end tax credits for wind and solar projects by 2027, citing national security risks and foreign supply chain dependence, affecting over 131,000 U.S. wind energy jobs.

  • On July 7, 2025, President Donald Trump signed an executive order directing federal agencies to eliminate wind and solar subsidies, labeling renewables unreliable and foreign-controlled.
  • Building on the July 4 legislation, President Trump’s order claims renewables threaten security and are market-distorting, aiming to protect taxpayers from costly subsidies.
  • The order directs Treasury to terminate credits under sections 45Y and 48E, implement FEOC restrictions, and report findings within 45 days, while Interior revises renewable policies.
  • Following the order, Michigan faces projected shortfalls by 2027 with costs up to $386 billion by 2050, while the BlueGreen Alliance warns of job losses and higher household costs.
  • Ultimately, Trump's order introduces uncertainty for the renewable industry, risking slower adoption and ceding ground to global competitors, potentially undermining U.S. climate goals.
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Energy News for the United States Oil & Gas Industry | EnergyNow.com broke the news in on Tuesday, July 8, 2025.
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