US EditionHere’s what to know about clean energy in Republican megabill headed to Trump
- Congress passed a Republican budget megabill on Thursday that slashes clean energy tax credits and now awaits President Trump's approval.
- The bill's passage follows debates over eliminating tax credits, including ending EV credits this year, raising uncertainty and investment risks.
- The legislation accelerates deadlines for wind and solar projects to qualify for credits but curbs billions in clean energy spending and supports fossil fuel production.
- The REPEAT Project estimates the bill will reduce capital investment by $500 billion and increase U.S. energy costs by $28 billion annually by 2030.
- Experts warn higher energy bills, project delays, and job losses will result, making climate goals more difficult and increasing U.S. reliance on foreign oil.
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Here's what to know about clean energy in Republican megabill headed to ...
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Here’s what to know about clean energy in Republican megabill headed to Trump
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Coverage Details
Total News Sources71
Leaning Left6Leaning Right4Center53Last UpdatedBias Distribution84% Center
Bias Distribution
- 84% of the sources are Center
84% Center
C 84%
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