Fact Sheets

# Fact Sheet: President Donald J. Trump Ends Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources

The White House
July 7, 2025

ENDING AMERICAN DEPENDENCE ON UNRELIABLE ENERGY SOURCES: Today, President Donald J. Trump signed an Executive Order to eliminate subsidies for unreliable “green” energy sources like wind and solar in furtherance of the One Big Beautiful Bill Act.

- The Order directs the Secretary of the Treasury to terminate the clean electricity production and investment tax credits for wind and solar facilities and implement the enhanced Foreign Entity of Concern restrictions each as identified in the One Big Beautiful Bill Act.
- The Order directs the Secretary of the Interior to revise regulations and policies to eliminate preferential treatment for wind and solar facilities compared to reliable, dispatchable energy sources.

SECURING AMERICAN ENERGY AND ENSURING AMERICAN PROSPERITY: President Trump is committed to unleashing American energy and preventing American taxpayers from funding expensive and unreliable energy policies from the Green New Scam.

- Unreliable wind and solar energy sources displace affordable, dispatchable energy, compromise America’s electric grid, and denigrate the beauty of our Nation’s natural landscape.
- Reliance on so-called “green” subsidies threatens national security by making the United States dependent on supply chains controlled by foreign adversaries.
- Ending the massive cost of taxpayer handouts to unreliable energy sources is vital to energy dominance, national security, economic growth, and the fiscal health of the Nation.

UNLEASHING AMERICAN ENERGY: President Trump believes in all forms of reliable, dispatchable energy, harnessing nuclear, fossil fuels, and emerging technologies to secure American energy independence and fuel economic growth.

- On Day One, President Trump declared a National Energy Emergency to eliminate bureaucratic barriers, unleash innovation, and restore America’s position as the world’s leading energy producer.
- President Trump established the National Energy Dominance Council to develop a strategy to achieve energy dominance by cutting red tape, enhancing private sector investments, and advancing innovation.
- Unleashing American energy will create jobs and economic prosperity, improve the United States’ trade balance, help our country compete with hostile foreign powers, strengthen relations with allies and partners, and support international peace and security.

## Related

- #### Ending Market Distorting Subsidies for Unreliable, Foreign‑Controlled Energy Sources

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