Here’s what Trump’s budget means for renewable energy
The Trump administration on Thursday released a preliminary 2018 budget proposal outlining changes to discretionary spending that, if implemented, would likely cut spending on renewable energy.
Among a list of 15 government entities that would see cuts under the proposed budget, two that could affect renewable energy programs are the Environmental Protection Agency (EPA) and the Department of Energy (DOE). Trump has proposed a 31% cut in spending for the EPA and a 6% cut for the Energy Department.
The good news for renewables: the budget would not have any impact on the solar investment tax credit, carbon tax proposals or state-based solar subsidies, according to Amit Ronen, director of the Solar Institute at George Washington University.
To read this article in full or to leave a comment, please click here