GOP Budget Bill Poised to Crush Renewable Energy in the US
- The proposed budget cuts could eliminate hundreds of billions in clean energy and EV credits, affecting thousands of projects already planned or in development.
- The new tax provisions could lead to death and illness for up to 100,000 Americans annually due to air pollution from fossil fuels.
- Sean McGarvey criticized the budget bill as a massive insult to construction workers in a statement on June 28.
- An evaluation shows planned policies may result in the drilling of 50,000 new oil wells yearly in the coming years.
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Latest GOP Provisions in Budget Bill Seek to Crush Renewable Energy - Inside Climate News
Last-minute additions to the Senate draft of the budget reconciliation bill would accelerate the rollback of Biden-era climate and renewable energy tax credit programs and put an excise tax on wind and solar projects.By Bob BerwynFar from the front lines of the climate crisis, 100 men and women in air-conditioned offices, 61 of them millionaires, are making decisions that could increase United States carbon dioxide emissions, and the warming of …
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Total News Sources11
Leaning Left5Leaning Right0Center2Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 29%
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