Progress.
The Associated Press (7/1/25) reports: "The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects but quickly phases out tax credits for wind, solar and other renewable energy. The Senate approved the bill 51-50 as President Donald Trump and GOP lawmakers move to dismantle the 2022 climate law passed by Democrats under former President Joe Biden. Vice President JD Vance broke a tie after three Republican senators voted no. The bill now moves to the House for final legislative approval. The excise tax on solar and wind generation projects was added to the Senate bill over the weekend, prompting bipartisan pushback from lawmakers as well as clean energy developers and advocates. The final bill removes the tax but mostly sticks with legislative language released late Friday night and would end incentives for clean energy sooner than a draft version unveiled two weeks ago."
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"The early frackers benefitted from the Sec 29 tax credit for unconventional oil and gas exploration from 1980-2002. Notably, the fracking revolution happened despite the lack of a permanent subsidy."
– Alex Trembath, The Breakthrough Institute
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