the One Big Beautiful Bill Act will affect clean energy jobs
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The “big beautiful bill” that Donald Trump signed into law rolls back tax credits for things like electric cars and home EV chargers, rooftop solar panels, heat pumps and more.
Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts.
With major shifts on the horizon for infrastructure priorities, federal incentives, permitting processes and materials costs, the initial reaction for those in the built environment sector could very easily be to hunker down and wait out the storm.
Trump’s legislation will hurt clean energy, boost fossil fuels and end investment in environmental justice. Climate advocates vow to continue the fight.
The One Big, Beautiful Bill Act was passed by the Senate. If the House passes the bill during reconciliation, American car buyers could lose out on major EV incentive.
"On Long Island, the messaging battle will take place over SALT," said Levy, referring to the $10,000 cap on state and local tax deductions that was approved by the Republican congressional majority in 2017 and raised to $40,000 through 2029 under the current bill.