 Energy & Environment |
Energy & Environment |
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Solar, wind taxes added, public land sales scrapped from megabill |
Senate Republicans announced sweeping energy and environment policy changes for their "big beautiful bill" over the weekend. |
In newly unveiled text over the weekend, Senate Republicans sped up the phaseout of tax credits for renewables when compared to their initial draft. The initial draft allowed projects to claim at least partial credit if they began construction over the next few years — while now the tax credits will only apply to projects that actually begin producing electricity by 2028 — a much higher bar to clear. They also instituted a new tax on wind and solar that applies to projects are placed in service after 2027. They'll be subject to the tax if a certain percentage of the value of their components come from China. Meanwhile, Sen. Mike Lee (R-Utah) announced that Republicans would no longer require the sale of up to 1.2 million acres of public lands in the bill. Because of the strict constraints of the budget reconciliation process, I was unable to secure clear, enforceable safeguards to guarantee that these lands would be sold only to American families – not to China, not to Blackrock and not to any foreign interests," Lee said in a post on the social platform X. "For that reason, I've decided to withdraw the federal land sales provision from the bill," he added Read more about the energy tax changes here and the removal of the public lands provision here. |
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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Sen. Joni Ernst (R-Iowa) is offering an amendment that seeks to undo the latest hurdles for solar and wind energy that were added to the GOP megabill over the weekend. |
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A group of Environmental Protection Agency (EPA) employees is speaking out against the policies of the Trump administration. |
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Federal authorities say they will discontinue some weather data — but they are delaying the original plan to do so by one month. |
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Google has struck a deal to buy 200 megawatts of fusion power, as the tech giant struggles to reach its sustainability goals in the face of the growing energy demands of artificial intelligence (AI). |
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The Trump administration says that it plans to delay and potentially loosen water pollution rules for coal-fired power plants. |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Two key stories on The Hill right now: |
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The Senate is more than seven hours into a vote-a-rama on the massive GOP policy legislation dubbed the “big, beautiful bill” after a marathon weekend of adjusting legislation to fit parliamentarian rulings and appease particular senators. Read more |
| Elon Musk renewed his calls Monday for a new political party as he lodged sharp criticism against President Trump's megabill as the Senate seeks to move toward a final vote on the reconciliation package. Read more |
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You're all caught up. See you tomorrow! |
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