Trump, Big Beautiful Bill
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The “One Big Beautiful Bill Act” represents a sweeping overhaul of U.S. energy policy, aimed at reshaping the federal
The sweeping and controversial One Big Beautiful Bill Act (OBBBA) fulfills many of Donald J. Trump's 2024 campaign promises: it makes his first-term tax cuts permanent, includes a handful of family-friendly tax breaks, and introduces relief for tipped and overtime pay.
The new law largely hampers the ability of renewable energy projects to qualify for tax incentives as specified in the Inflation Reduction Act (IRA).
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits
To pay for the tax breaks, the bill sunsets clean energy tax credits put in place by the Inflation Reduction Act.
The Senate has passed its version of President Trump’s big beautiful bill (BBB), which maintains tax credits for hydrogen,
The One Big Beautiful Bill Act was signed into law with revisions to key mining policies. While the legislation boosts stockpile funding and tightens restrictions on Chinese entities, it lacks a clear demand-side strategy,