India, July 8 -- President Donald Trump has ordered the elimination of subsidies for green energy sources like wind and solar, citing unsustainability for America's electric grid and reliance on supply chains controlled by foreign adversaries.
Trump signed an Executive Order directing the Secretary of the Treasury to terminate the clean electricity production and investment tax credits for wind and solar facilities and implement the enhanced Foreign Entity of Concern restrictions each as identified in the One Big Beautiful Bill Act.
The Order directs the Secretary of the Interior to revise regulations and policies to eliminate preferential treatment for wind and solar facilities compared to reliable, dispatchable energy sources.
Presiden...