Can Trump’s Energy Pivot End the Transition? | OilPrice.com

Can Trump’s Energy Pivot End the Transition?

Since President Trump took office, the U.S. has rolled back subsidies and support for renewables, leading to over $19 billion in canceled wind and solar projects.

Regulatory uncertainty under the Trump administration has affected the energy industry, with several associations set up to advance the agenda of net-zero in the financial world dissolving.

Wind and solar developers have pleaded for help to survive, and carmakers have quietly revised their plans for an electric future—not only in the U.S. but also globally.

Some, however, believe Trump’s presidency cannot stop the shift to alternative energy sources and emission-cutting.

Author's note: Trump's energy policy impacts global renewable energy development.

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OilPrice.com OilPrice.com — 2025-10-17

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