Trump’s Tariffs Shake Up Energy Transition

President Trump’s recent imposition of tariffs, notably exempting oil and gas imports, is set to significantly impact the U.S. energy landscape. While fossil fuels remain unaffected, the clean energy sector faces challenges as tariffs on imported components for renewable technologies and electric vehicles are expected to raise costs, potentially hindering the growth and adoption of these alternatives. This move underscores a policy shift favoring traditional energy sources over renewables, with implications for the nation’s energy transition efforts. Read more.