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Wind and solar stocks deflate as Trump tax bill nears vote

Wind and solar stocks deflate as Trump tax bill nears vote

Hopes for a reprieve in Senate dashed over weekend

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David Callaway
Jun 30, 2025
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Callaway Climate Insights
Callaway Climate Insights
Wind and solar stocks deflate as Trump tax bill nears vote
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Last-minute investor hopes for a reprieve from vicious cuts to wind and solar tax subsidies in the Senate were dashed over the weekend, sending renewable stocks falling early Monday as tense negotiations resulted in not just the worst-case scenario for subsidies but also a new tax on renewable companies doing business with China.

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