House GOP Tax Bill Affects Solar
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•Business
Business & Economics
How the U.S. clean energy boom could go bust if Trump's 'big, beautiful bill' becomes law
84% Informative
Solar industry warns the bill would result in job losses, higher electricity prices and less generation at time when demand is growing.
Solar stocks broadly sold off on Thursday after the bill passed by House Republicans .
The bill does still have to pass the Senate , where Jefferies expects the "unworkable" provisions to be undone.
Solar and battery storage is the fastest growing energy source in the U.S ..
Natural gas demand is also soaring in the U.S. but the wait time for new turbines is five to six years if an order is put in now.
While growth may slow, solar and batteries will continue to be deployed because there really isn't an alternative, an analyst says.
VR Score
87
Informative language
87
Neutral language
44
Article tone
formal
Language
English
Language complexity
55
Offensive language
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
8
Source diversity
8
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