Clean Energy Gutted in Last-Minute Rewrite of Trump’s $1.2T Senate Tax Bill ...Middle East

Economy by : (OILPRICE) -
Senate Republicans stunned clean energy developers early Monday by inserting sweeping revisions to President Donald Trump’s $1.2-trillion “One Big, Beautiful Bill” just ahead of floor debate. The last-minute amendments slash wind and solar tax incentives, introduce excise taxes on imported Chinese energy components, and move eligibility criteria from start-date to in-service date, upending financing models across the renewable sector. At stake is nearly $360 billion in clean energy tax credits passed under the Inflation Reduction…

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