How wind energy may fare under Trump

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 29 July 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Donald Trump remarked offhandedly over the weekend that “we will not allow a windmill to be built in the United States.” Recent policy changes in Washington could indeed make it harder to build new wind power projects in the U.S., but it’ll still likely continue to be an attractive source of power. And later in the program, a dispute between Mexico and Texas over water is threatening to turn ugly.

Transcript

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0:58.2	slash geo. There's still some wind in the sales when it comes to wind power.
1:06.0	I'm David Brancaccio in Los Angeles. We've been covering the EU agreeing that the U.S. can apply 15% tariffs on many of its products, including cars. And wind power got some attention at the meeting of leaders with wind turbines visible from President Trump's luxury golf course in Scotland. On that visit, Trump said we will not allow a windmill to be built in the United States.
1:28.2	The new spending bill phases out tax credits for wind power development.
1:32.9	Marketplaces Henry Epp has more.
1:34.3	To qualify for clean energy tax credits, the recent GOP tax bill requires new wind projects to start construction by July of next year.
1:43.5	Stephen Mishagan, a consultant to climate tech companies, says that may mean we see more wind
1:48.6	projects get going in the short term.
1:51.1	While developers rush to sort of meet these safe harbor type activities, beginning some
1:57.2	physical work, incurring project costs.
1:59.8	In the longer term, things could get tougher, not just because of the Trump administration's policies,
2:05.1	but because a lot of windmills have been built already over the last 20-plus years,
2:10.3	says Seth Feaster at the Institute for Energy Economics and Financial Analysis.
2:14.8	Some of the easiest best places, best resources have already been developed.
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