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Trump Denounces Green Energy Tax Credits in His ‘Big Beautiful Bill’

The Senate is divided over rival phase-out timetables for wind versus solar tax incentives.

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Overview

  • President Trump condemned green tax credits on Truth Social as a “giant SCAM” and criticized wind turbines as costly, inefficient and largely made in China.
  • The ‘Big Beautiful Bill’ currently under Senate debate includes tax incentives for renewable energy with the Senate’s version phasing out wind and solar credits more slowly than the House plan.
  • Key provisions released by the Senate Finance Committee this week outline a planned repeal of renewable energy tax credits alongside continued relief for hydropower, nuclear and geothermal projects.
  • Sen. Chuck Grassley defended wind power’s role in Iowa’s electricity mix, citing its benefits for energy independence and lower utility bills.
  • Rep. Andy Harris backed Trump’s position by arguing that offshore wind farms favor foreign companies and pose risks to Maryland’s marine environment.