Overview

• The House Republican bill would end the Biden-era clean energy tax credits on December 31 and require projects to begin construction within 60 days and generate power by 2028.
• Tesla Energy warned on X that abruptly stripping Sections 25D and 48E credits would threaten U.S. energy independence and grid reliability and called for a phased wind-down.
• An E2 and Atlas Public Policy analysis shows over $14 billion in U.S. clean energy investments have been canceled or delayed this year, translating to roughly 10 000 lost jobs as credit uncertainty persists.
• Elon Musk criticized the legislation for preserving oil and gas incentives while eliminating EV and solar tax breaks, highlighting a partisan divide over energy policy.
• A group of Senate Republicans has urged a more measured phaseout to protect projects already under way before the bill reaches the floor.