As Electricity Costs Spike, Renewable Energy Divestments Emerge as Theme of Midterms

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An aerial view shows the Kayenta Solar Plant in Kayenta, Ariz., on June 23, 2024. Brandon Bell/Getty ImagesThe Trump administration’s proposed budget for the coming fiscal year pulls the plug on federal funding for solar and wind development.It cuts energy efficiency programs by nearly 70 percent, eliminates state and local weatherization subsidies, and continues to “claw back” billions in Congressional allocations for renewable energy projects.

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