It’s happening. After decades of saying that they needed the special government help–but also that they were cheaper and competitive (!)–the economically incorrect energies and their technologies are facing a real free market. The chart below from social media lists some of the current deadlines for major energy subsidies.
And with the end of special government favor will come the clean-up. Expect wind/solar decommissionings and removal to begin outpacing replacement/new additions in the years ahead. Expect EV charging stations to be removed as demand contracts (“It is getting easier to find EV chargers in the U.S. just as the market for electric vehicles hits the skids.”) [1] Expect lawsuits as long-term rooftop-solar contracts are erased by company bankruptcies (how to exit such contracts is a cottage industry). Garbage in-garbage out.
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[1] Jennifer Hiller, “Growth in U.S.…
“… my passion for bettering human lives via improved access to energy is unwavering.” (- Chris Wright, below)
It is a topsy-turvy new energy world where reality bats last. With the physics of energy overcoming the ‘magical thinking’ of renewables and deep decarbonization, and with a push in the U.S. under Trump, the Paris Accord (‘a fraud really, a fake‘) is going the way of the Kyoto Protocol. The forced smiles of Climate Week in New York City last month will be harder to maintain at COP 30 in Brazil. Perhaps it will be the last one as more and more countries exit, just as businesses have from the decarbonization alliances.
The new reality and politics has a central world figure in Donald Trump. But behind Trump is the Secretary of the U.S.…
“… this was one of the hottest and most promising job sectors in the country at the end of 2024. Now, clean energy job growth is at serious risk – and with it, our overall economy.” (-Bob Keefe, below)
“Solar construction firm Blue Ridge Power issues mass worker layoff in North Carolina,” read the article in pv magazine. “The utility-scale solar engineering, procurement and construction firm filed a WARN act with the state, cutting over 500 jobs.”
Much of the rooftop solar industry is in liquidation mode, and now the central station “utility scale” solar industry is in trouble. Expect more of the same in the next months as solar subsidies and local opposition grows (the environmental grassroots). The delayed end of the Investment Tax Credit (30 percent credit) and the Production Tax Credit (2.8 cents/kWh) will cause a rush to the exits before the credits expire at the end of 2027 (with credits at risk for projects not started by July 4, 2026).…