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Repealed by Trump, the Energy Transition Survives: 75% of Renewables Move Forward

Summary by Moncloa
One year after President Donald Trump repealed the Inflation Reduction Act (IRA), the largest climate law in U.S. history, the energy transition is still standing. According to an analysis by MIT, 75% of the new solar and wind capacity that depended on tax credits from the Biden era continues. Yes, the blow to electric vehicles is strong: 53 billion dollars in wages and more than 250,000 jobs have vanished, according to the E2 business group. Th…
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One year after President Donald Trump repealed the Inflation Reduction Act (IRA), the largest climate law in U.S. history, the energy transition is still standing. According to an analysis by MIT, 75% of the new solar and wind capacity that depended on tax credits from the Biden era continues. Yes, the blow to electric vehicles is strong: 53 billion dollars in wages and more than 250,000 jobs have vanished, according to the E2 business group. Th…

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Moncloa broke the news on Sunday, July 19, 2026.
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