Trump administration places even stricter phase-outs for wind and solar subsidies

The Trump administration has further tightened the screws on the renewable energy industry, making it more difficult for new projects to claim tax credits that are set to phase out next year. 

The Treasury Department issued new guidance on Friday on enforcing the planned phase-out of subsidies. It places tight restrictions on when a wind or solar project can be considered under construction, a key definition under the law.  

The guidance stems from an executive order signed by President Donald Trump in July, which ordered the agency to ensure projects cannot skirt the deadlines for phasing...