Hyundai’s huge EV manufacturing facility in Georgia became the latest target of the Trump administration’s immigration crackdown last week, with federal agents detaining 475 workers, most of them from South Korea. The raid has delayed the opening of the complex’s battery factory, which the automaker is building with LG Energy Solution in the Southeast’s growing “battery … Continue reading “Trump’s immigration crackdown hits clean energy”
This analysis and news roundup comes from the Canary Media Weekly newsletter. Sign up to get it every Friday. On Wednesday, President Trump unveiled a suite of new tariffs that target pretty much every country and territory in the world — including some where nobody even lives. The full extent of the tariffs’ reach remains unclear, … Continue reading “What Trump’s tariffs mean for the energy transition”
“The bottom line is all that adds up to market uncertainty for one of the fastest growing sectors of our economy, and nothing is more important to businesses and investors than market clarity,” said Bob Keefe, the executive director of E2, a nonpartisan organization promoting policies that are good for the economy and environment. “And right … Continue reading “Can solar power thrive despite Trump’s culture wars?”
This text comes from Canary Media’s Weekly newsletter. Subscribe to get it in your inbox each week. Under the Biden administration, the U.S. Energy Department’s Loan Programs Office became a powerful force for funding clean energy projects, including factories. A Ford EV battery plant in Tennessee, a Qcells solar panel factory in Georgia, and Eos Energy’s battery factory … Continue reading “Trump’s clean energy attacks put manufacturing projects at risk”
Fewer qualifying EVs in 2025 would mean less money flowing from taxpayers to EV buyers. This, in turn, would reduce the savings Republican lawmakers might expect from eliminating the 30D credit. The GOP is expected to aggressively seek spending cuts to help offset the costs of extending the 2017 tax package passed during the first … Continue reading “Will Trump’s plan to kill the EV tax credit help China?”
But such logic may not prevail, MIT’s Wolfram said. “If we’re building a lot of battery factories and solar plants in red congressional districts, hopefully that will insulate IRA from repeal,” she said. “But I fear there’s a risk that Republicans would want to destroy Biden’s signature climate achievement, even if it’s against their economic interests.” The GOP … Continue reading “How Trump’s second term could derail the clean energy transition”
