Many farmers work on the thinnest margins, fighting to stay profitable. Some, looking to cut costs on electricity, turn to the federal government for a little extra cash to help them install solar panels on top of barns, grain elevators, or offices. Others turn to commercial renewable energy leases as both an alternative income stream and a way to put fallow land to work.
Within the first year of President Trump’s second term, two federal programs critical to the growth of solar energy production — REAP and the clean energy tax credit — have been rolled back. To document how those policy changes are affecting farmers, The Associated Press and Grist analyzed data on both commercial-scale solar projects and small-scale rural energy development across the country. They found that, so far this fiscal year, the U.S. Department of Agriculture hasn’t awarded a dollar in rural energy grants or loan guarantees. Reporters contacted roughly a quarter of the nearly 300 developers that have proposed projects on agricultural land in the last two years, and found that they are either preparing their businesses to do future projects without federal support, or have already lost millions in investment because of the administration’s new tax credit policies. - Grist
Friday, April 24, 2026
Just one way that Trump screws farmers
Hopefully at least some in the farm economy will take reality checks like this to heart.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment