In Short : A Republican-led megabill headed to former President Trump proposes major cuts to clean energy incentives, including ending tax credits for residential solar, EVs, and large-scale renewables. The legislation favors fossil fuels and nuclear, potentially halting 28 GW of planned projects. Experts warn it could raise energy costs, slow climate progress, and hinder U.S. competitiveness in AI and green tech.

In Detail :A sweeping Republican-backed megabill is now awaiting former President Donald Trump’s approval, with major implications for the future of clean energy in the United States. The legislation proposes to eliminate several core tax credits that have underpinned the growth of solar, wind, and electric vehicle adoption over the past decade.

Key provisions of the bill include the removal of incentives for residential rooftop solar, commercial solar farms, large-scale wind projects, and electric vehicles. These cuts would reverse much of the clean energy momentum driven by the Inflation Reduction Act and other recent climate policies.

Instead, the bill redirects federal support toward traditional energy sectors, including oil, gas, and nuclear. While nuclear is seen by some as a low-carbon alternative, the broader shift signals a renewed emphasis on fossil fuels, which many experts say could undermine long-term emissions reduction goals.

Analysts estimate that the bill, if enacted, could jeopardize up to 28 gigawatts of planned renewable energy installations. This would not only impact clean energy developers but also drive up electricity costs for consumers by reducing competition and slowing the pace of cheaper renewable deployment.

Beyond energy markets, the proposed rollback could have geopolitical and technological consequences. Experts warn that removing green energy incentives may weaken the U.S. position in global climate leadership and compromise its edge in AI, which increasingly relies on low-cost, clean electricity to power data centers.

The bill has sparked sharp criticism from clean energy advocates, economists, and environmental groups who argue that it would reverse crucial progress on climate action. As the bill heads to Trump for final approval, it has become a flashpoint in the debate over the direction of America’s energy and industrial future.

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