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U.S. Senate’s Bill Threatens America’s Energy Dominance, But Could Have Been Worse
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U.S. Senate’s Bill Threatens America’s Energy Dominance, But Could Have Been Worse
On Tuesday, July 1, the U.S. Senate passed its version of the budget and tax bill, which will now return to the U.S. House. The Senate bill takes an ax to energy tax credits—primarily solar and wind—compromising local investment and jobs, while undermining energy security. Additionally, it is expected to drive higher electricity bills, as energy demand surges due to less clean energy investment and slower supply growth. However, several legislat…
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