Climate Politics
Trump’s Tax Bill Would Dampen, But Not Quash, the Clean Energy Buildout
US additions to solar, wind and storage would drop 10% by 2035, with wind hit the hardest, a BNEF analysis finds.
Solar panels at Tucson Village Farm in Tucson, Arizona, on May 22, 2025.
Photographer: Rebecca Noble/BloombergThe current version of President Donald Trump’s centerpiece tax and spending bill would winnow the amount of renewable energy capacity the US adds over the next decade, according to a report released Wednesday by BloombergNEF.
Wind, solar and storage capacity overall would drop by 10% by 2035 relative to a baseline scenario, the research firm finds. The bill would also result in 3.8 million more tons of carbon emissions from the country’s power sector by 2050.