A ‘Profound Mistake’: Senate Republican Rollback of IRA Clean Energy Tax Credits Would Cost Jobs, Raise Energy Prices and Bring More Climate Extremes

EcoWatch
By Cristen Hemingway JaynesJun 18, 2025, 7:17 pm417 ptsTop
The United States Senate Committee on Finance has released draft legislation that would quickly end or scale back most major tax credits for clean energy, solar panels, electric vehicles (EVs) and other benefits provided by the 2022 Inflation Reduction Act (IRA). The plan would get rid of a $7,500 EV tax credit…

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