News-News.Zip

News in English (USA) / 25.06.2025 / 12:00

Growing Concerns Over U.S. Clean Energy Initiatives Amid Proposed Senate Budget Cuts

A wave of uncertainty is sweeping through the U.S. clean energy sector as the Senate considers significant changes to tax credits essential for solar, wind, and other renewable projects. Many industry advocates warn that the proposed budget bill, dubbed Trump’s ‘One Big Beautiful Bill,’ may severely undermine decades of progress in clean energy by slashing funding and incentives. As solar stocks plunge and clean energy projects hang in the balance, both Democrats and some Republicans express alarm over the potential economic fallout. Senate Republicans are divided, with some pushing to protect clean energy credits while others remain steadfast in their plans to cut funding. Advocates across the nation are urging homeowners and businesses to act quickly to secure their energy savings before these incentives potentially disappear.
Reuters, Fortune, Bloomberg.com, The New York Times, Sun Sentinel, centralmaine.com, Pensacola News Journal, The American Prospect, POLITICO Pro, Pittsburgh Post-Gazette