Trump's Impact on Clean Energy: Stocks and Policies in Turmoil

Solar stocks plummeted after Donald Trump secured a second term as U.S. President, raising concerns about the future of the Inflation Reduction Act (IRA), which has been pivotal in promoting clean energy through tax incentives. The Invesco Solar ETF dropped over 11% in premarket trading, with significant declines in companies like First Solar, Sunrun, and Sunnova. Trump's campaign has targeted the IRA, labeling it the "Socialist Green New Deal," and its future depends on Republican control of Congress.