The recent passage of a Republican budget bill in the U.S. Senate has raised significant concerns over the future of renewable energy. The legislation dismantles key climate initiatives established by Democrats, including major cuts to clean energy tax credits for solar and wind projects. Despite an apparent boost in clean energy stocks following the removal of a tax on solar and wind projects, experts warn that the bill poses an existential threat to the industry. As solar generation surpasses 10% of U.S. electrical output for the first time, lawmakers are facing backlash over the implications of their decisions on jobs and the climate. Key amendments to the tax credits are still in contention, with industry advocates expressing fears of decreased demand and market instability in the wake of severe funding rollbacks.