The One Big Beautiful Bill will kill wind and solar power tax credits—and pit humans against AI in a battle for scarce electricity.
P resident Trump’s One Big Beautiful Bill Act – assuming the version Senate Republicans passed on Tuesday becomes law–would cut the legs out from under the renewable energy industry.
The biggest hit: The bill would quickly phase out federal tax credits that have for years enabled wind and solar developers to offset 30% or more of project costs. Yes, it could have been even worse. At the last minute, the Senate’s Republican leadership ditched a proposed excise tax on wind and solar projects using Chinese components…
Read the full article at FORBES.COM
