Senate GOP tax bill could crush wind and solar power, advocates say
- On July 2, the U.S. Senate, led by Republicans, passed the bill with a 51-50 vote, including Vice President JD Vance's tie-break, phasing out wind and solar tax credits.
- Prompted by GOP efforts to reduce federal spending, the bill targets 2022 Inflation Reduction Act incentives, expands fossil fuel leases, and blocks methane emission fees.
- Research from EDF indicates that the bill threatens 700,000 clean energy jobs, with $32 billion in higher household costs and up to $286 billion in investments at risk.
- With Senate passage complete, the bill moves to the House amid industry uncertainty and projected higher energy costs, with final approval due by July 4.
- Forecasts warn that the Senate reconciliation bill could reduce clean energy capacity to 114 GW by 2030, with demand rising 15.8% in four years, creating significant shortfalls.

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Daily News and Politics podcast from The MeidasTouch
Daily News and Politics podcast from The MeidasTouch
GOP Reps Get MASSACRED BY CROSS EXAM at Key Hearing
The MeidasTouch Podcast discusses how the Senate GOP tax bill undermines wind and solar power investments.

81 Articles
81 Articles
Utah Sen. John Curtis plays key role in preserving green energy policies in massive tax bill
Sen. John Curtis is a lead negotiator in the consideration of President Donald Trump's domestic policy, especially in softening GOP-led proposals to eliminate clean energy tax credits.
Where Clean Energy Goes From Here
What do we do now? That’s the question people across the climate change and clean energy communities are asking themselves now that Congress has passed the One Big Beautiful Bill Act, which would slash most of the tax credits and subsidies for clean energy established under the Inflation Reduction Act.Preliminary data from Princeton University’s REPEAT Project (led by Heatmap contributor Jesse Jenkins) forecasts that said bill will have a dramat…
How Congress is Reversing New York’s Progress on Clean Energy
Amy Albenda Hill wanted to power her Hudson Valley home in Tarrytown with green energy — solar panels on the roof, a geothermal heating system underground, and an electric vehicle in the driveway. She knew the initial investment would be expensive, but went ahead after her husband Adam discovered that federal tax credits would lower the cost by 30 percent. “It would have been completely out of the question without the tax credits,” Adam said. Th…
Fox News misled its viewers on what Trump’s “Big Beautiful Bill” would mean for American energy, jobs, and manufacturing
President Donald Trump and the GOP’s sweeping domestic policy package, the “One Big Beautiful Bill Act,” would roll back clean technology tax credits established under the 2022 Inflation Reduction Act and have massive adverse impacts on energy prices and supply as well as energy sector jobs and manufacturing — all of which have been core concerns on Fox News for decades. But Fox has seemingly set aside its concerns around energy prices, supply, …
Senate’s ‘Big, Beautiful Bill’ cues House showdown over energy tax credits
Congress can't agree on how to alter tax credits for renewable energy in the 'One Big Beautiful Bill.' The showdown over energy credits threatens to hold up President Donald Trump's agenda of extending tax cuts. The U.S. Senate narrowly passed a version of the bill that largely keeps tax credits for clean energy and manufacturing intact, ending several credits sooner than originally planned in the Biden-era legislation. But a conflict is brewing…
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