Executive Summary On July 4, 2025, President Trump signed the Senate-amended One Big Beautiful Bill Act (OBBBA). While many of the cuts from the House version remained, the final version of OBBBA introduces a more relaxed condition of eligibility for projects seeking to claim the new tech-neutral clean electricity tax credits (45Y and 48E) with […]
The One Big, Beautiful Repeal: How OBBBA Resets Clean Energy Policy
On May 22, 2025, the U.S. House passed the One Big, Beautiful Bill Act (OBBBA), a sweeping legislative package that effectively repeals most clean energy provisions of the Inflation Reduction Act (IRA). Additionally, a key amendment that passed with the original OBBBA imposes two immediate eligibility conditions that disqualify the vast majority of clean energy […]