The Uncertain Future of Renewable Energy

This episode of The Journal discusses the impact of a new law, referred to as Trump's mega-bill, on the renewable energy industry in the United States. It begins by highlighting the recent boom in renewable energy, fueled by government subsidies like the Inflation Reduction Act, and features Graham Alexander, co-owner of Southern Energy Management, who shares his experiences in the solar industry. The episode then explores how the new law, which ends federal subsidies for renewable energy, threatens to halt the industry's momentum. David Uberti, a colleague, provides insights on the potential consequences, including a possible slowdown in renewable energy development and increased prices. Graham expresses concern about the abrupt cutoff of subsidies and its potential impact on his business and employees. The episode concludes by questioning whether the renewable energy industry can sustain itself without government support and what the future holds for clean energy in the U.S.