 Energy & Environment |
Energy & Environment |
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House OKs major cuts to energy tax credits |
The House overnight voted to approve an updated version of its "big, beautiful bill" that includes massive cuts to energy tax credits. |
Under the updated version, any energy projects that begin producing electricity after 2028 will not be eligible for the climate-friendly credit. Projects also need to start construction within 60 days of the bill's enactment. However, a carve-out is added for nuclear power, which will only need to begin construction rather than begin producing electricity by the end of 2028 to receive the tax credit. There's also a tighter timeline on Chinese components, subcomponents and minerals; any project that starts construction this year needs to be free of them. Republicans have also stripped a controversial provision added during the amendment process that would have allowed the sale of certain public lands in Utah and Nevada. The updated version of the bill now heads to the Senate for consideration. Read more at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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The Senate voted Thursday to axe California's phaseout of new gas-powered cars, making a controversial move to sidestep the parliamentarian in the process. |
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The Trump administration issued its long-awaited Make America Healthy Again (MAHA) Commission report Thursday, hammering various industries while deviating from mainstream science on key issues including farming practices, vaccinations and psychiatric medications. |
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The House early Thursday morning voted to eliminate a Biden-era rule that sought to crack down on toxic air pollution, sending the resolution to President Trump's desk. |
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California officials announced their intentions on Thursday to file their 23rd lawsuit against the Trump administration — this time, over an attempt to upend the state’s stricter-than-federal emissions rules. |
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Branch out with a different read from The Hill: |
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The U.S. health care system is ill-prepared to treat pregnant patients and their infants who have endured the impacts of wildfire smoke exposure, a new study finds. Many residents of communities prone … |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Earth's major climate goal is too warm for the polar ice sheets, study says (The Washington Post) Hidden source of clean energy could power Earth for 170,000 years (ABC News)
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Two key stories on The Hill right now: |
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The Supreme Court cleared the way Thursday for President Trump to fire two Democratic-appointed independent agency leaders, for now, over the dissents of the court's three liberal justices. Read more |
| House Republicans on Thursday morning passed a sweeping bill full of President Trump's legislative priorities, marking a major win for Speaker Mike Johnson (R-La.) but kicking off what’s expected to be a bitter battle with the Senate over achieving key parts of the White House's policy agenda. Read more |
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Op-eds related to energy & environment submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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