Renewables Sector Says Tariffs, FEOC Requirements Will Stymie Projects

Renewable energy industry leaders are underscoring that the Trump administration’s ongoing tariff policy, especially when coupled with the GOP tax law’s new incentive restrictions for projects linked to certain “foreign entities of concern” (FEOC), will spur a sharp decline in domestic clean energy manufacturing. The administration is imposing an “enormous” and “potentially manufacture-killing” tariff burden on imported equipment and components like cooper, said Vanessa Sciarra, vice president of trade and international competitiveness at the American Clean Power Association, during a...