by Audrey Streb
The Daily Caller
The House passed the “one big, beautiful” reconciliation bill advancing President Donald Trump’s legislative agenda Thursday, paving the way for the Senate to deal a crushing blow to former President Joe Biden’s climate bill and Democrats’ green energy agenda.
The package that passed the House places stricter limits on new Inflation Reduction Act (IRA) tax credits solar and wind, though it stopped short of a wholesale repeal of the subsidies as Republican lawmakers compromised to move the bill forward. While the reconciliation bill moves some of the Trump administration’s energy priorities forward, the Senate is in position to eliminate even more of subsidies if Republicans can muster the political will to do so, energy policy experts told the Daily Caller News Foundation.
“The Big Beautiful Bill appears to get rid of at least 50% of the $1.9 trillion from the Democrat’s Green New Scam. Ending subsidies for wind, solar and batteries will help keep our electric rates from tripling, like they have in Europe because of their version of the green new scam,” president of Truth in Energy and Climate Frank Lasee wrote to the DCNF. “[This is] a step in the right, free-market energy direction. We hope the Senate can do more. It could be better, but it must pass.”…
“It looks like about 50% of the $1.2 trillion in Green New Scam waste fraud and abuse has been cut out. Possibly the Senate can do more. If it seems like ‘half a loaf’ it is, but the Big Beautiful Bill must pass,” Steve Milloy, senior fellow at the Energy & Environment Legal Institute, told the DCNF.
