From the outset, President Trump’s One Big Beautiful Bill Act was always going to be bad for renewables (and U.S. energy consumers), because it rolled back clean energy tax credits that have spurred billions of dollars of investments into technology like wind, solar, batteries, and electric vehicles.
But recent changes to the bill’s text go even further, more aggressively phasing out the current clean energy tax incentives, and also adding a new tax on solar and wind projects. These changes will effectively kill many clean energy projects, cut millions of jobs, and raise the average American’s electricity bills in every state, experts say.