See every side of every news story
Published loading...Updated

Senate Republicans Double Down and Target Clean Energy in Draft Tax Bill

UNITED STATES, JUN 17 – The proposal would phase out key EV and clean energy incentives, risking over 830,000 jobs and increasing household energy costs by up to $400 annually, analysts warn.

  • Senate Republicans propose a draft tax bill aiming to eliminate popular clean energy tax credits and end EV incentives rapidly in 2025 in the U.S.
  • This proposal follows House Republicans' May passage of the One Big Beautiful Bill Act, which also cuts clean energy incentives and EV tax breaks.
  • Opponents warn that removing these credits too soon will collapse the renewable industry, raise energy costs, cause job losses, and harm climate goals.
  • Abigail Ross Hopper said the bill will strip millions of families’ ability to choose solar and storage, while 77% of credit-eligible clean energy projects are in GOP districts.
  • The bill’s fate depends on the Senate vote and reconciliation with the House, with President Trump targeting a Fourth of July deadline for enactment.
Insights by Ground AI
Does this summary seem wrong?

187 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 58% of the sources are Center
58% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Zero Hedge broke the news in United States on Tuesday, June 17, 2025.
Sources are mostly out of (0)