Trump administration

“We've seen them enacted during the Obama administration, we've seen them during the Trump administration, and we've seen them continued under the Biden administration. Turns out there's one thing that they can all agree on is, ah, protectionism.”

“During the Biden administration, there was a big crackdown by the IRS on the renewable energy sector for tax credit and tax equity policies. Around step up in basis and some of that stuff, and I think the Trump administration is continuing all of that work, an…”

“But yet, I think that the actions that they're taking around freezing payments and some of the other things are going to lead to higher costs and a lot more uncertainty in the private sector, right?”

“I think turnaround is fair play. Like, I mean, I really do think that the wind and solar pauses at the Army Corps Engineers and Fish and Wildlife are, you know, retribution for a lot of the stuff that the Biden administration did, the oil and gas industry”

“I think they're going to be forced to pull it back too, just because it's 90% of everything that gets deployed in the grid, right? And so at some point, if none of that stuff gets deployed in the grid, we're going to have rolling blackouts.”

“It's contradictory to this idea of energy abundance, and so there's, like, very little strategic thought to these actions, and I think it could be extremely detrimental to bringing in investment for the set of technologies that this administration does want.”

“There's like a shortage of turbines anyway, so it's going to be really hard to get some of those, no matter what kind of policies you put in place, it's going to be hard to implement some of what the Trump administration wants to do”

“And then we also, kind of, in anticipation of the Trump administration, we expanded to lending its commercial contracts as well”