CleanTechnica•8 days ago
Sierra Club: Rising Prices Directly Linked to Trump Tariffs, Cuts to Clean Energy
Key Takeaway
Rising inflation, attributed to trade tariffs and reduced clean energy support, signals increased costs and potential headwinds for energy project development and procurement.
AI Summary
- •Consumer Price Index (CPI) data for September to November indicates a 2.7% inflation increase for goods and services.
- •The Sierra Club directly links this rising inflation to Trump-era trade tariffs and reductions in clean energy support.
- •This suggests potential cost escalation for energy projects due to tariffs and a less favorable policy environment for clean energy development, impacting developers and large power consumers.
Topics
policy
Article Content
CPI Data Released Today Shows Trump’s Trade, Energy Policy is on the “Wrong Course” WASHINGTON, DC — Today, the Bureau of Labor Statistics released consumer price index data for September to November, showing a 2.7% increase in inflation for goods and services. BLS did not release an October report due to Republicans’ ... [continued] The post Sierra Club: Rising Prices Directly Linked to Trump Tariffs, Cuts to Clean Energy appeared first on CleanTechnica .