Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources
Ends Taxpayer Subsidies for Wind and Solar Energy
What it does
Federal agencies must implement the One Big Beautiful Bill Act to terminate wind and solar tax credits, remove preferences, and report actions within 45 days.
Real-world impact
- Ends clean electricity production and investment tax credits for wind and solar.
- Removes regulatory preferences for wind and solar compared to dispatchable energy.
- Requires Treasury and Interior to report their findings and actions within 45 days.
Topics
Summary
This order ends federal taxpayer support for wind and solar energy by directing agencies to stop the clean electricity production and investment tax credits and enforce new restrictions on foreign-controlled supply chains. The Treasury must take steps to terminate tax credits and tighten rules preventing artificial eligibility; the Interior must review and remove any rules that give preference to wind and solar over dispatchable energy.
Treasury and Interior must report to the President within 45 days. The order cites national security, economic growth, and fiscal savings as goals.
Questions, answered
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