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Stock impact report

Why The 'Hype Phase' Of Wind And Solar Is Over [zero hedge]

News Corporation - Class A (NWSA) 
Last news corporation - class a earnings: 2/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: zero hedge
Why The 'Hype Phase' Of Wind And Solar Is Over Authored by Kevin Stocklin via The Epoch Times, The Trump administration has taken a sharp turn from its predecessor regarding wind and solar energy, curtailing many of the loans, grants, and permitting that the Biden administration had put in place. Without government subsidies and regulatory support, energy analysts are questioning whether these industries can stand on their own merits. “We’ve reached the end of the hype phase, and the beginning of the reality phase,” Sam Romain, chairman of Americans for Energy Dominance, told The Epoch Times. “Technologies that lower costs, improve reliability, and strengthen the grid will grow. “Those that don’t will fade.” On his first day in office, President Donald Trump suspended new leases and permits for wind and solar on public lands and waters and raised fees for existing projects. Subsequently, his One Big Beautiful Bill Act set tighter deadlines to cut off subsidies to wind and solar energy Show less Read more
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