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Benzinga
Benzinga
Business
Erica Kollmann

Solar Stocks Sink: Trump Slashes Green Tax Breaks

Donald Trump Executive Order TD Cowen
Solar,Panels,With,Wind,Turbine,On,Blue,Sky.,Concept,Of

Solar stocks dropped on Tuesday after President Donald Trump signed an executive order to fast-track the end of clean-energy tax credits late Monday. 

The Details: President Trump issued an executive order that enforces a much faster phaseout of clean-electricity tax credits for solar and wind projects. 

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