In a big bill that hurts clean energy, residential solar likely to get hit fast

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2. Trump megabill gives the oil industry everything it wants and ends key support for solar and wind

https://www.nbcnewyork.com/news/business/money-report/trump-megabill-gives-the-oil-industry-everything-it-wants-and-ends-key-support-for-solar-and-wind/6325253/

Trump megabill gives the oil industry everything it wants and ends key support for solar and wind
By Spencer Kimball, CNBC

• The One Big Beautiful Bill Act gives the oil, gas and coal industries historic access to federal lands while ending key tax credits for solar and wind.
• President Donald Trump has been openly hostile to renewables, slamming solar farms as "ugly as hell" in a recent interview with Fox News.
• Trump's big domestic policy law phases out federal support for a transition to renewable power and aims to boost fossil fuel production.

President Donald Trump's One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a friendly environment for oil, gas and coal production.

The House of Representatives passed Trump's megabill Thursday ahead of a White House-imposed deadline, after the Senate narrowly approved the controversial legislation Tuesday.

Trump has made his priorities on energy production clear. The U.S. will rely on oil, gas, coal and nuclear to meet its growing energy needs, the president said last weekend, bashing wind and solar power.

"I don't want windmills destroying our place," Trump told Fox News in an interview that aired June 29. "I don't want these solar things where they go for miles and they cover up a half a mountain that are ugly as hell.”

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