Thu, Jul 9

NEWS: Federal energy moves could add $650B to household bills through 2040.

  • The damage: Households are set to pay $460 more on average in 2035 (and $490 in 2040), per a recent Energy Innovation report. And that’s a “conservative” estimate, the authors noted.

  • The drivers: A slew of policy shifts since Jan. 2025, including the One Big Beautiful Bill Act and other actions targeting renewable projects. As fossil fuel dependence increases, so do natural gas prices.

  • Yes, but: Clean energy gains and emissions reductions under OBBA largely remain on track, as we recently reported.

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