Fueling The Conversation, Week of June 23rd, 2025
While the House version of the One Big Beautiful Bill Act did a great job at eliminating many of the Inflation Reduction Act’s (IRA) tax credits for green technologies, the end result remains up in the air as Senate Democrats and some Republicans, like Senators Thom Tillis, John Curtis, and Lisa Murkowski, are hoping to preserve many of them.
Proponents of IRA subsidies often claim that dolling out billions of dollars to green industries is worthwhile because they inevitably result in reductions in cost and emissions. These talking points are backed by misleading studies — such as the myth that solar is the cheapest energy source based on its levelized cost of energy — and are then…