President Trump’s re-election promises a slew of changes to the renewable energy scene. The first, most obvious topic is tariffs – sweeping tariffs, hitting ‘ally’ and ‘enemy’ alike this time, and without the balance which President Biden attempted between reshoring green energy manufacturing and the short-term interests of project developers. Naturally, raising the cost of equipment is bad for project developers, for EV demand – for the final scale of green investment in the US in general. It’s also disruptive for downstream manufacturers reliant on Chinese (or other) imported goods, like solar wafers to make solar cells, or battery cells for battery packs. But there is a caveat here, which is that equipment cost is both a small fraction of…