GOP Bill Reshapes U.S. Energy Policy, Favoring Fossil Fuels Over Renewables
TL;DR Summary
The final GOP reconciliation bill, expected to be signed by President Trump, significantly reduces incentives for solar, wind, and clean hydrogen projects, while preserving some benefits for nuclear and geothermal energy through 2033. The bill introduces stricter project timelines and new rules for foreign entities, potentially impacting climate tech startups and the data center sector, with hydrogen credits ending earlier than planned.
- Final GOP bill kneecaps renewables and hydrogen but lifts nuclear and geothermal TechCrunch
- The Most Perverse Part of the ‘Big, Beautiful Bill’ The Atlantic
- Trump megabill gives the oil industry everything it wants and ends key support for solar and wind NBC News
- Biden’s climate law boosted red states. Their lawmakers are now gutting it. The Washington Post
- How the G.O.P. Bill Will Reshape America’s Energy Landscape The New York Times
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