Any thoughts how this affects the company
The U.S. is now expected to add almost 250 gigawatts of renewable energy capacity between 2025 and 2030, down from the IEA’s previous forecast of 500 GW. The revision reflects policy changes such as the earlier phase-out of federal tax credits, new import restrictions, the suspension of new offshore wind leasing, and restricting the permitting of onshore wind and solar projects on federal land. To note, tax credits had been the main driver of renewables growth in the U.S. since their introduction in 1992