The Senate’s version of the Trump budget bill just cleared the chamber. If passed by the House as is, it would repeal or phase out key tax credits for solar, wind, EVs, and building efficiency, with most incentives expiring by 2027 or sooner. Here’s the latest worth knowing. (Canary Media)
Though a last-minute amendment removed the controversial excise tax on Chinese-linked solar and wind components, eligibility for remaining credits is sharply restricted.
Nuclear, geothermal, and hydropower projects remain eligible through 2033, but dozens of clean energy grant and loan programs—including federal building decarbonization, methane mitigation, and local transmission support—have been zeroed out entirely.