Trump’s clean energy cuts to benefit emerging markets

The US' renewable energy sector is facing a variety of issues, with President Trump’s “One Big Beautiful Bill” currently dominating the headlines. The bill would speed up energy tax credit expirations and restrict certain countries from being involved in projects. If passed in its current state, renewable energy capacity would be reduced, leading to high electricity prices across the country. In contrast, the US’ action may benefit some developing countries wishing to expand and speed up their energy transition investment, namely Brazil and India. Other emerging markets are also focusing on...