How Trump's tariffs threaten the transition to cleaner energy

Quick Summary:

Industry experts warn that the policy changes create uncertainty for the renewable sector, affecting both domestic projects and international trade dynamics.

In recent years, many solar, wind and battery manufacturers had sought to open new factories in the United States, spurred by generous tax credits and incentives from the 2022 Inflation Reduction Act.

And the majority of lithium-ion batteries that the United States imports for use in power grids and electric vehicles come from China itself.

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Article Details

Author / Journalist: NYT News Service

Category: Business

Markets: IndiaBrazilChinaIndonesiaNigerNigeriaPakistanUnited States

Topics: United states Clean energy transition BloombergNEF Global energy landscape Renewable energy industry Trump tariffs renewable energy Trump Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 12:17:27 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1552 words

Reading Time: 9 minutes read

Sentences: 38 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 27579880

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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