Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources

What it means

Orders officials to eliminate tax incentives for wind and solar energy following the One Big Beautiful Bill Act. Directs Treasury and Interior Departments to enforce termination of clean electricity tax credits and remove any preferential treatment for renewable energy sources.

Expected impact

• Significant reduction in government support for wind and solar energy development
• Potential slowdown in renewable energy project construction and investment
• Possible advantage for fossil fuel and nuclear power industries deemed "reliable" energy sources
• Increased scrutiny of energy projects with foreign supply chain connections
• Potential shifts in U.S. energy portfolio away from renewable sources