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Home Articles Curated
Climate Change

“Real Distress” Hits Solar Industry as Bankruptcy Tsunami Looms

by Tyler Durden, Zero Hedge
June 23, 2025

  • Why People With High Credit Scores Are Locking in These 0% Interest Credit Card Offers


(Zero Hedge)—It’s no secret that progressive billionaire elites, their dark money-funded NGOs, far-left lawmakers, and legacy corporate media orchestrated one of the most elaborate propaganda campaigns in recent memory—weaponizing the narrative of an imminent “climate crisis” to ram through green legislation on Capitol Hill. The result? A massive heist on the Treasury, all under the noble guise of saving the planet.

It’s almost as if the “climate crisis” only dominated headlines when Democrats needed political cover to push green legislation through Capitol Hill…

Now, the darker side of the green scam is coming into focus. Reuters reported earlier this week that a draft tax bill released by Senate Finance Committee Chair Mike Crapo (R-Idaho) proposes an accelerated phaseout of clean energy subsidies established under the Biden-Harris regime’s 2022 Inflation Reduction Act. Specifically, the legislation would significantly dial back solar and wind tax credits to 60% of their original value starting in 2026, with complete elimination by 2028. Under current law, these credits are scheduled to begin phasing out in 2032, meaning the proposal would effectively shorten the incentive window.

Crapo stated in a press release that this draft bill “achieves significant savings by slashing Green New Deal spending and targeting waste, fraud and abuse in spending programs while preserving and protecting them for the most vulnerable.”

Slashing clean energy tax credits, essentially the lifeline of the green industry, would unleash a tsunami of bankruptcies across the sector. Think of Solyndra’s high-profile collapse under the Obama administration in 2011—but multiplied many times over.

“It’s not final, but it looks very negative,” said Carter Atlamazoglou, managing director at FTI Consulting, who specializes in renewable energy, referring to the Senate’s latest draft of the tax bill.

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Atlamazoglou told the Financial Times, “You’re dealing with a lot of major uncertainty, which makes anyone considering residential solar—from homeowners to financiers—basically wait and see what happens next.”

“Firms are under liquidity pressure and we’re seeing real distress in the industry,” he warned, pointing out that “Things are coming to a head.”

FT cited bankruptcy data showing a sharp uptick in clean energy company failures—starting in 2022 and accelerating significantly by 2024. Many of these firms, heavily reliant on federal tax credits, are now collapsing as subsidies dry up.

Mass liquidations and layoffs are set to plague the industry this year. This trend will be accelerated if those tax credits are eliminated.

“There’s going to be a 50 to 60 per cent downturn in demand. That will wreak havoc on a lot of these solar companies,” warned Ara Agopian, CEO of Solar Insure.

Agopian said, “Many of them will shut their doors as they can’t stay in business without the tax credit.”

Since the release of the Senate draft, solar stocks have crashed: Sunrun is down 36%, SolarEdge is down 30%, Enphase is down 21%, and First Solar is down 19%.

Solyndra’s downfall remains a cautionary tale in the clean energy space…

“We’re looking at a six-month cliff and thousands of businesses having to completely remake their business models in the space of mere months,” CEO Dan Conant of Solar Holler, warned, “It’s just impossible to do.”

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Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

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