Global Renewables Forecast Cut as Trump’s Energy Policies Bite

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Global Renewables Forecast Cut as Trump’s Energy Policies Bite

Wind turbines are silhouetted against the rising sun near Spearville, Kan., on Jan. 13, 2021. Charlie Riedel/AP Photo

The International Energy Agency (IEA) has cut its global renewables outlook through 2030, stating that the Trump administration’s energy policies are curbing growth in the United States, while China is also slowing.

“Globally, we have lowered our renewable energy growth forecast for 2025–2030 by 5 percent compared to last year, to reflect policy, regulatory, and market changes since October 2024,” the report stated. “This revision means we now expect 248 GW less renewable capacity to be commissioned over 2025–2030.”

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