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Trump Administration Cuts $13B in Green Subsidies, Solar Decline Expected

9/28/2025

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Summary

Story summary

The Trump administration plans to rescind $13 billion in green subsidies and return funds to the Treasury, according to Energy Secretary Chris Wright.
Wright says solar energy is unreliable and cannot meaningfully contribute to the grid, even though it led new capacity last year.
Analysts expect an 18% decline in solar installations over five years due to policy.

History

Historical Context

In 2017, President Trump announced the U.S. withdrawal from the Paris Agreement, a pivotal climate accord signed in 2016. This decision reflected a broader shift in U.S. energy policy, prioritizing fossil fuels over renewable energy, reminiscent of the 1970s oil crisis that spurred interest in alternative energy sources. The withdrawal is projected to lead to an 18% decline in solar installations, hindering sustainable energy progress.

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Story summary

The Trump administration plans to rescind $13 billion in green subsidies and return funds to the Treasury, according to Energy Secretary Chris Wright.
Wright says solar energy is unreliable and cannot meaningfully contribute to the grid, even though it led new capacity last year.
Analysts expect an 18% decline in solar installations over five years due to policy.

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