Back to today’s briefing

Story perspectives

Republicans Slash Clean-Energy Tax Credits, Risking Blackouts

7/5/2025

31 3

Left

Republicans Cut Energy

Congressional Republicans have slashed clean-energy tax credits, putting the U.S. electricity supply at risk just as demand surges from AI and electric vehicles. This drastic decision could spike electricity costs by 50% and stall 344 gigawatts of new renewable projects, threatening our competitiveness against China's energy strides. Experts caution this could lead to blackouts and stifle economic growth.

Center

Trump Prioritizes Fossil Fuels

President Trump's energy bill marks a dramatic shift, cutting federal support for solar and wind power while prioritizing fossil fuels. By opening federal lands for oil and gas drilling and slashing coal royalties, critics warn this move threatens the future of renewable energy, jeopardizing both economic stability and environmental health across the nation.

History

Historical Context

In 2017, the Trump administration shifted U.S. energy policy towards fossil fuels, defunding the Clean Power Plan and promoting coal, which saw a 74% production increase from 2008 to 2017. This pivot parallels ongoing Republican efforts to cut clean-energy tax credits, risking a 50% rise in electricity costs and stalling 344 gigawatts of renewable projects, threatening economic growth and environmental sustainability.

1 of 3

Republicans Cut Energy

Congressional Republicans have slashed clean-energy tax credits, putting the U.S. electricity supply at risk just as demand surges from AI and electric vehicles. This drastic decision could spike electricity costs by 50% and stall 344 gigawatts of new renewable projects, threatening our competitiveness against China's energy strides. Experts caution this could lead to blackouts and stifle economic growth.

1 / 3