How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate
"The 1,100-page bill would slash incentives for green technologies such as solar, wind, batteries, electric cars and heat pumps while subsidizing existing nuclear power plants and biofuels. That would leave the country and its people burning more fossil fuels despite strong popular and scientific support for a rapid shift to renewable energy."
theconversation.com/how-the-bi…
How the ‘Big Beautiful Bill’ positions US energy to be more costly for consumers and the climate
Some technologies could rapidly cut emissions, while others do little to fight climate change. The House bill favors the latter while nixing support for the former.The Conversation
CelloMom On Cars
in reply to CelloMom On Cars • • •"Overall, average U.S. household energy costs would increase by a total of between $1,000 and $3,000 over the next 10 years if House Republicans’ budget bill passes. And because it also includes the repeal of the IRA’s incentives to make homes more energy efficient and install rooftop solar and battery systems, fewer Americans would be able to avoid these rising energy costs."
Also: "it contains a hidden gas tax."
yaleclimateconnections.org/202…
10 ways that Trump’s tax bill would undermine his energy promises
Dana Nuccitelli (Yale Climate Connections)CelloMom On Cars
in reply to CelloMom On Cars • • •"In a week when the Trump administration moved forward on multiple fronts to repeal U.S. climate policies, a new analysis quantified the potential costs for public health, households and the economy—including a stunning $1.1 trillion reduction in U.S. gross domestic product by 2035."
insideclimatenews.org/news/120…
Study Says Clean Energy Rollbacks Will Cost Economy $1.1 Trillion by 2035 - Inside Climate News
Inside Climate NewsCelloMom On Cars
in reply to CelloMom On Cars • • •The question is always:
WHO gains, and
WHO loses from a rule change?
E.g. Zeldin "stressed alleged economic benefits: $20 billion over the next 20 years in reduced costs to the power plant industry.
But even the EPA’s own figures show $130 billion in increased public health costs. These include premature death, heart and lung disease, asthma attacks and increased hospitalizations due to air pollutants like fine particulate matter and ozone."
insideclimatenews.org/news/120…
Study Says Clean Energy Rollbacks Will Cost Economy $1.1 Trillion by 2035 - Inside Climate News
Inside Climate NewsCelloMom On Cars
in reply to CelloMom On Cars • • •These rollbacks of the EPA rules couldn't have come at a worse time:
"Developers Propose More Than 100 New Gas Power Plants in Texas
New research reveals a massive planned expansion of gas-fired electrical generation to power artificial intelligence and other heavy industries."
insideclimatenews.org/news/110…
Developers Propose More Than 100 New Gas Power Plants in Texas - Inside Climate News
Inside Climate NewsCelloMom On Cars
in reply to CelloMom On Cars • • •How the One Big Beautiful Bill Act Changed America’s Clean Energy Policy
"The summary takes each clean energy-related provision in the U.S. tax code and summarizes how (and whether) it existed in the 2000s and 2010s, how the Inflation Reduction Act changed it, and how the new OBBBA will change it again."
heatmap.news/politics/obbba-ir…
#InflationReductionAct
A Cheat Sheet to the Clean Energy Policy Changes in OBBBA
Robinson Meyer (Heatmap News)