Trump's Tax Bill to Increase Energy Costs, Hit Red States Hard
TL;DR Summary
A recent Republican-led bill signed by Trump is expected to increase US household energy costs by up to 18% by 2035, disproportionately impacting red states that voted for Trump, due to cuts in renewable energy support and subsidies, which could worsen energy insecurity and health risks amid rising temperatures and demand for cooling.
Topics:business#climate-crisis#energy-costs#environment#red-states#renewable-energy#republican-legislation
- Trump promised to lower energy costs – his tax bill will raise them for people in red states the most The Guardian
- How much Trump's 'big beautiful' bill could raise electricity costs in every U.S. state over the next 10 years CNBC
- Power prices are expected to soar under new tax cut and spending law NPR
- ENDING MARKET DISTORTING SUBSIDIES FOR UNRELIABLE, FOREIGN CONTROLLED ENERGY SOURCES The White House (.gov)
- Dems couldn’t save Biden’s energy programs — so they’ll try to make them a weapon against the GOP Politico
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