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'Big Beautiful Bill' Will Have Americans Paying Higher Prices for Dirtier Energy
MICHIGAN, JUL 9 – The bill eliminates tax credits for renewables and boosts fossil fuel subsidies, increasing Michigan energy costs by $320 annually and cutting new clean energy production by 4.4 gigawatts by 2035.
- President Donald Trump signed the nearly 900-page "One Big Beautiful Bill" on July 4, 2025, that cuts incentives for wind, solar, batteries, and home efficiency while boosting fossil fuel subsidies.
- This bill rescinds billions allocated by the 2022 Inflation Reduction Act to support renewable energy and battery manufacturing, marking a sharp policy reversal.
- The law is projected to decrease Michigan’s new energy capacity by 4.4 gigawatts by 2035, drive up annual energy expenses for households by more than $280, and cause energy rates to rise between 8% and 15%.
- Princeton's Jesse Jenkins estimates wind and solar will produce 820 fewer terawatt-hours in 2035, more than all U.S. coal plants generated in 2023, causing a 7% rise in emissions that year.
- The bill's rollback on clean energy incentives will further delay the U.S. transition, increase fossil fuel use, raise costs for consumers and manufacturers, and contrast with China’s large renewable expansion.
11 Articles
11 Articles
How the ‘Big Beautiful Bill’ will increase Michigan power costs - BridgeDetroit
Planet Detroit originally published this story. Sign up for Planet Detroit’s weekly newsletter here. Overview: The repeal of Inflation Reduction Act tax credits for wind and solar developments as well as battery storage will result in 8%-15% spike in energy rates, analysis finds. “Virtually all of the solar” built in recent years in Michigan used tax credits, energy consultant tells Planet Detroit. The federal budget bill will reduce new energ…
Alaska Rep. Nick Begich Touts "Big, Beautiful Bill" for states Energy Sector, Blasts Activist Judges
Congressman Nick Begich from Alaska discusses the "big, beautiful bill" and its implications for the state's energy sector, and the challenges posed by activist judges with John Solomon on this podcast episode.
Big Bill, Big Win | The Roundtable Ep. 275
The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host. Big Bill, Big Win | The Roundtable Ep. 275 The hosts are joined this week by Claremont’s Vice President of Communications and Beck & Stone co-founder Andrew Beck to recount Vice Presi…
'Big Beautiful Bill' will have Americans paying higher prices for dirtier energy
When congressional Republicans decided to cut some Biden-era energy subsidies to help fund their One Big Beautiful Bill Act, they could have pruned wasteful subsidies while sparing the rest. Instead, they did the reverse. ...
The Conversation
‘Big Beautiful Bill’ will have Americans paying higher prices for dirtier energy
Congress passed Donald Trump's tax and spending bill on July 3, 2025. Kevin Carter/Getty ImagesWhen congressional Republicans decided to cut some Biden-era energy subsidies to help fund their One Big Beautiful Bill Act, they could have pruned wasteful subsidies while sparing the rest. Instead, they did the reverse. Americans will pay the price with higher costs for dirtier energy. The nearly 900-page bill that President Donald Trump signed on Ju…
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