ENDING MARKET DISTORTING SUBSIDIES FOR UNRELIABLE, FOREIGN CONTROLLED ENERGY SOURCES

The White House | Source: The White House | Posted 07/08/2025

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For too long, the Federal Government has forced American taxpayers to subsidize expensive and unreliable energy sources like wind and solar. The proliferation of these projects displaces affordable, reliable, dispatchable domestic energy sources, compromises our electric grid, and denigrates the beauty of our Nation’s natural landscape.

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The article discusses a presidential order aimed at eliminating federal subsidies for unreliable energy sources such as wind and solar power. The order argues that these subsidies burden American taxpayers, compromise the electric grid, and create a dependency on foreign-controlled supply chains, which poses a national security risk. The administration emphasizes the need to prioritize affordable and reliable domestic energy sources to ensure energy dominance and economic growth.

Key provisions of the order include the rapid termination of tax credits for wind and solar facilities, a review of regulations that favor these energy sources, and the implementation of restrictions on foreign entities involved in energy supply chains. The order mandates that the Secretaries of the Treasury and the Interior report their findings and actions within 45 days to ensure compliance with the new policy direction.

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Source Link: https://www.whitehouse.gov/presidential-actions/2025/07/ending-market-distorting-subsidies-for-unreliable-foreign%E2%80%91controlled-energy-sources/

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ENDING MARKET DISTORTING SUBSIDIES FOR UNRELIABLE, FOREIGN CONTROLLED ENERGY SOURCES

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