In a bold move, House Republicans have introduced a budget proposal aiming to phase out clean energy tax credits established under the Inflation Reduction Act (IRA). This initiative, viewed by many as a significant setback for U.S. climate policy, proposes cuts to the electric vehicle (EV) tax credit and other renewable energy incentives. Despite resistance from Senate Republicans and environmental advocates, who argue that such cuts could harm job growth and local economies, the House GOP remains determined in their efforts. The proposal has led to a surge in solar stocks, as some companies adapt to the evolving market conditions, though analysts warn of the long-term implications for clean energy investment and job creation. A last-ditch lobbying effort is underway to save these tax credits as industry stakeholders stress the potential risks of undermining the progress made in renewable energy development.