GOP’s Big, Beautiful Bill Would Rescind $500 Billion In Green Energy Handouts
Just some of the Inflation Reduction Act's high-priced, wasteful subsidies set to be quashed.
by Francis Menton May 26, 2025, 9:16 AM
On Thursday (May 22) the House of Representatives passed, by a narrow margin of 215-214, what is referred to as the “Big, Beautiful Bill [BBB]” — a massive compendium of taxing and spending measures that can now seek to avoid the filibuster in the Senate on grounds of being a “budget reconciliation.” [emphasis, links added]
The BBB is well over a thousand pages long (go here for full text), and covers a huge range of subjects.
Most summaries of the BBB that I have seen never get to the important subject of subsidies for so-called “green” energy — wind turbines, solar arrays, grid-scale batteries, hydrogen production, and so forth.
That is understandable given the large number of important issues covered in the bill. However, the green energy subsidies are a gigantic issue.
They consist of generous tax credits for wind and solar facilities that have been around for a long time, plus a barrage of subsidies and handouts created by the so-called Inflation Reduction Act of 2022.
https://climatechangedispatch.com/bbb-rescind-ira-green-energy-handouts/
