In Texas, America’s new clean energy capital, the GOP’s “Big, Beautiful Bill” isn’t quite sticking the landing. (The Telegraph)
By the numbers: The bill guts $250B in clean energy tax credits for projects starting after 2027, which translates to Texas missing out on 77 GW of new electricity generation capacity over the next decade. Analysts say that’ll drive up household energy bills by $480/year by 2035, erase $52B in GDP, and threaten 94K jobs.
Between the lines: Texas’s “cheapest power wins” market has quietly turned it into a renewables juggernaut. From 2020 to 2024, solar output rose 338%, and nearly half of Texas’s electricity was powered by clean energy this year—all without a statewide climate mandate.
