President Trump’s sweeping tariffs on grid batteries from China could hinder the growth of the U.S. energy storage sector, impacting the integration of wind and solar power into the electric grid. The tariffs, combined with earlier trade actions, could impose a 64.5 percent tax on Chinese batteries, potentially stalling the record installations expected this year. While batteries help address renewable energy challenges, such as intermittency, tariffs may disrupt the progress of domestic battery supply chains and clean energy policies, ultimately affecting both fossil fuel and clean energy industries negatively.
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If You'd Invested $10,000 in Meta Platforms 5 Years Ago, Here's How Much You'd Have Today
In over 20 years, Meta Platforms (NASDAQ: META) has transformed from Facebook into a $1.9 trillion internet powerhouse, boasting 3.48 billion daily active users across its platforms as of June 30. This significant growth has made Meta a lucrative investment, exemplified by a $10,000 investment five years ago yielding impressive returns for investors. Want More Context? 🔎
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