Climate Changed

Killing Obama's Power Plan Hasn't Stopped the Renewable Boom Yet

  • In third quarter, U.S. clean energy spending hit 2-year high
  • Since Trump called for repeal, $30 billion spent on renewables

EPA Ready to Eliminate Obama's Power Plant Rule

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For a look at what the death of the Clean Power Plan means for renewable energy, consider this: Since President Donald Trump signed the order to roll back the emissions-curbing rule, almost $30 billion has been spent on solar and wind projects.

In the third quarter alone, clean energy spending in the U.S. hit the highest level in two years, totaling $14.8 billion, data compiled by Bloomberg New Energy Finance show.