- Subsidy cuts may not derail this solar energy provider
- Plus a strong US consumer stock
Investing in stocks is becoming a bit obscured by government involvement. For multiple reasons, lawmakers increasingly don’t trust the market to act in national interests. So they have started to intervene by putting tariffs on products imported from “rival” nations and subsidising domestic companies they believe have strategic importance.
One of the most impacted industries has been energy. In Donald Trump’s first day as president, he signed an executive order to prevent investment in green energy. This included pausing all wind development on federal land and waters, which effectively blocks offshore wind turbine construction as most ocean water is federally-owned. He also paused all the funding disbursements for the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA).
