Trump AXES Subsidies—Industry in CHAOS

President Trump’s executive order cutting off wind and solar subsidies has sent the climate lobby into full meltdown.

For millions of Americans fed up with government handouts for unreliable, foreign-controlled energy, however, this is the first sign of sanity in years.

This from patriotnewsdaily.com.

With a stroke of the pen, President Trump has:

[Y]anked the rug out

from under the renewable energy industry.

On July 7, he signed an executive order enforcing the “One Big Beautiful Bill Act,” which accelerates the expiration of wind and solar tax credits to 2027—years earlier than planned. This order does not simply pull the plug on taxpayer subsidies; it instructs federal agencies to tighten up the rules so only projects already under construction can cash in.

The Treasury Department now has marching orders to restrict the definition of “beginning of construction,” meaning renewable developers cannot “just slap a shovel in the dirt and claim millions in credits.” If a project is not well underway within a year, it is out of luck.

The Department of the Interior is on notice too. The executive order directs it to revise or outright cancel any policies that gave wind and solar an unfair edge over dependable energy sources like natural gas, coal, and nuclear. This is a complete reversal from the last administration’s climate crusade, which threw billions at renewables while the American grid buckled and Americans endured rolling blackouts.

Trump’s order leaves no doubt about the motivation:

Reliance on so-called ‘green’ subsidies threatens national security by making the United States dependent on supply chains controlled by foreign adversaries.

For anyone who has watched the solar industry become a de facto jobs program for the Chinese Communist Party, this is a long-overdue wakeup call. Nearly every solar panel installed in the U.S. depends on Chinese components, yet Washington kept shoveling taxpayer cash into the industry, pretending this was “independence.” The executive order slams the brakes on that insanity, with new rules restricting tax credits for any project connected to “Foreign Entities of Concern.”

Translation: If your solar farm is built on Chinese silicon, don’t expect a dime from Uncle Sam.

Fossil fuel and nuclear industries are the clear winners:

– With the federal government finally prioritizing grid reliability and American-made energy, oil, gas, and nuclear workers can breathe a sigh of relief.

– Grid operators no longer have to pretend that intermittent wind and solar can keep the lights on when the sun goes down or the wind stops blowing.

– Meanwhile, the renewable lobby—which has grown fat on government largesse—faces a harsh new reality: Projects not already under construction have a year to break ground, or they lose all federal support.

This new break-ground rule will create a mad dash to start building, followed by a collapse in new projects—what industry experts are already calling a “boom-bust” cycle:

– [i]nvestment will dry up,

– layoffs will follow, and

– the renewable sector’s days of easy money are over.

For We the People, especially those who have watched their energy bills soar while Washington shipped jobs to China, this is vindication. The Regime’s reckless inflationary spending on so-called “clean” energy only made life harder for working families.

By cutting off subsidies now, Trump is forcing the renewable industry to stand on its own two feet—a standard every other American business must live by.

Of course, environmental groups are already predicting doom and gloom, wailing about climate targets and U.S. “leadership.” But after years of blackouts, price spikes, and government waste, most Americans are ready for a little less “leadership” and a lot more common sense.

Meanwhile, the fossil fuel sector is already moving to fill the gap, ramping up investment, and hiring as America pivots back to energy security and jobs on which We the People can actually depend. And for consumers: Electricity prices may fluctuate as the market adjusts, but with less dependence on unreliable, foreign-controlled energy, the long-term outlook finally looks sane.