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Senate Bill Prioritizes Geothermal, Phases Out Solar Incentives

6/18/2025

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Senate Prioritizes Geothermal

The Senate Finance Committee's latest bill prioritizes geothermal, nuclear, and hydropower, while phasing out wind and solar incentives by 2026. Critics warn this could threaten clean energy jobs and investments. Although it introduces supply chain requirements and project credit transferability, it faces significant pushback from both supporters and opponents of renewable energy.

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Mayors Advocate Clean Energy

City officials and business leaders are rallying Congress to protect clean energy tax credits in the One Big Beautiful Bill Act. They stress that cutting these incentives could threaten thousands of jobs and $522 billion in investments. Mayors across the nation highlight the pressing need for affordable clean energy as electricity demand surges and climate challenges intensify.

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Senate Prioritizes Geothermal

The Senate Finance Committee's latest bill prioritizes geothermal, nuclear, and hydropower, while phasing out wind and solar incentives by 2026. Critics warn this could threaten clean energy jobs and investments. Although it introduces supply chain requirements and project credit transferability, it faces significant pushback from both supporters and opponents of renewable energy.

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