A new executive order further lowers government support for renewable power. Stocks including First Solar and Enphase Energy dropped on Tuesday.

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, slashes spending on Medicaid, and creates temporary tax deductions for overtime and tipped income. It includes $170 billion for immigrant detention and for new personnel for Immigration and Customs Enforcement.

The deal with Republican holdouts to end incentives for wind and solar power paved the way for passage of Trump’s mega-tax-and-spending bill. Trump’s July 4 signature on the bill completed the legislative assault on the Inflation Reduction Act’s subsidies for renewable energy.

The Energy Department released a report finding that blackouts could rise over the course of the decade as existing power sources are retired and are replaced by less reliable sources.

Renewable-energy stocks fell, after President Trump issued an executive order calling for tight application of the eligibility rules for clean-energy tax credits. Shares in solar-equipment maker First Solar fell about 5% in morning trading Tuesday,

President Donald Trump issued an executive order Monday evening ordering his administration to crack down on remaining loopholes allowing access to renewable energy tax breaks, after Congress voted last week to overwhelmingly roll back the subsidies.

President Trump's move to impose a 50% tariff on U.S. copper imports targets a vital metal that is widely used in many products and industries. That could lead to higher prices for everything from appliances and electronics to cars and home repairs,

A group of Senate Republicans, including Utah Sen. John Curtis, negotiated slower phaseouts for clean energy tax incentives, but a new Trump executive order puts that provision in question.

The Trump administration has hired three prominent researchers who over the course of their careers have questioned and even rejected the scientific consensus on human-caused climate change. Each were given positions in the Energy Department,