The US cleantech sector is bracing for impact as a 54% tariff on Chinese goods threatens to increase costs significantly. In the first four months of last year, the US imported $4 billion worth of lithium-ion batteries from China. This tariff will impose a substantial tax on components essential for electric vehicles, laptops, and other devices. Additionally, higher prices for materials like aluminum, steel, and copper will raise the cost of constructing wind turbines, solar farms, and geothermal plants. If other nations retaliate with trade measures, exporting US goods like EVs and battery components could become more challenging and expensive. Since the tariff announcement, traditional energy stocks have also declined due to fears of reduced electricity demand. The potential elimination of subsidies under the Inflation Reduction Act could halt billion-dollar clean energy projects. Since the policy shift, at least nine US clean energy developments, representing $8 billion in investments and over 9,000 jobs, have been canceled, delayed, or scaled back. Venture capital in clean energy has decreased from a peak of $24.5 billion in 2022 to around $18 billion annually in the last two years.
Gaurab Chakrabarti
@GaurabC
·
Jan 29 America’s next revolution won’t be in AI or crypto.
It’ll be in the world’s most overlooked $6 Trillion industry.
Chemicals.
Here’s the “96% efficient” breakthrough that will bring manufacturing back to the United States:
Alex Jones
@RealAlexJones
·
Jan 24 Breaking Bombshell! Trump Just Seized Over 300 Billion Dollars From Biden’s Green New Deal Scam Slush Fund And Plans To Redirect It To Projects That Make Sense
Breaking News and Reports Are Here:
https://x.com/i/broadcasts/1BdGYEqBNDyGX…
JennyManyDots
@jenstilmanydots
·
Apr 2 Wall Street’s unanimity on the need to limit climate change is collapsing, sparking a reset in the $1.4T global market for #energy finance. US banks that just a few years ago were vocal in their embrace of net zero targets are now following a very different playbook.
Mila Joy
@MilaLovesJoe
·
Mar 5 BREAKING:
BREAKING: TAXPAYER NIGHTMARE ALERT!
The Biden and Obama Democrats have unleashed a monstrous scheme: “popup nonprofit shells” designed to siphon off taxpayers’ hard-earned dollars under flimsy pretexts like climate change and illegal immigration. This is
Bjorn Lomborg
@BjornLomborg
·
Mar 4 “Clean is dead for now”
says hedge fund for the ‘green energy transition’
“There’s currently no financial gain to be had from investing in renewable power”
Thanks — means less waste of our taxes
https://archive.ph/y7wsK
Keith Wilson, K.C.
@ikwilson
·
Mar 18 “An investigation by auditor general Karen Hogan of the now-disbanded, $1-billion Sustainable Development Technology Fund, aka “the green slush fund,” suggests many programs may be rife with fraud.”
EDITORIAL: The Liberals’ $200 billion climate boondoggle
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