Trump Pauses Clean Energy Spending but IRA Tax Credits to Survive
The U.S. will also pull out of the Paris climate agreement
January 27, 2025
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Soon after assuming office as U.S. president, Donald Trump issued a raft of executive orders seeking to reverse his predecessor’s climate and energy agenda. One order directed federal agencies to immediately pause the disbursement of funds through the landmark Inflation Reduction Act (IRA), which proposed spending millions of dollars to promote clean energy.