Lucas123 writes: The Trump administration's newly released 2018 budget proposal outlining changes to discretionary would likely cut spending on renewable energy. For example, not only does the proposed budget cut the EPA and Energy Department budget by 31% and 6%, respectively, it would also not fund the Clean Power Plan and other climate change programs. With the CPP gone, the U.S. would likely see fewer retirements of coal-fired power plants due to carbon emissions and less impetus for the procurement of utility-grade solar power. The good news for renewables: the budget would not have any impact on the solar investment tax credit, carbon tax proposals or state-based solar subsidies, according to Amit Ronen, director of the Solar Institute at George Washington University. Additionally, renewable energy resources, such as solar panels, have gained too much momentum and aren't likely to be deterred by regulatory changes at this point, according to Raj Prabhu, CEO of Mercom Capital Group, a clean energy research firm. For example, even with the dissolution of the CPP, the number of coal-fired generators is still expected to be reduced by about one-third through 2030, or by about 60 gigawatts of capacity, according to the U.S. Energy Information Administration (EIA). Meanwhile, wind and solar are by far the fastest growing energy sectors, which indicates an appetite by utilities and consumers that is highly unlikely to be slowed by regulatory changes at the federal level, experts said.