Renewable-energy stocks fell, after President Trump issued an executive order calling for tight application of the eligibility rules for clean-energy tax credits. Shares in solar-equipment maker First Solar fell about 5% in morning trading Tuesday,

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that the Trump administration has issued an executive order targeting renewable energy tax breaks. The crackdown follows Congressional action rolling back subsidies and aims to satisfy right-wing fiscal conservatives.

A new executive order further lowers government support for renewable power. Stocks including First Solar and Enphase Energy dropped on Tuesday.