Last week a massive spending and tax bill, named the “One, Big, Beautiful Bill” was signed into law by President Trump. It includes major cuts to clean energy tax credits, pushed forward by the Biden Administration’s Inflation Reduction Act (IRA).

The “One Big Beautiful Bill” just signed by President Trump will slash support for clean energy, leaving the US far short of its Paris Agreement pledge

To pay for the tax breaks, the bill sunsets clean energy tax credits put in place by the Inflation Reduction Act.