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International News: As the political landscape in the United States continues to evolve, so too does the direction of its environmental policy. President Donald Trump, staying true to his campaign promises, has introduced the ‘One Big Beautiful Bill’—a legislative move aimed at reversing the climate and energy strategies implemented by former President Joe Biden. This bill not only undercuts Biden’s landmark Inflation Reduction Act (IRA) but also threatens to disrupt the foundation of America’s clean energy future.
According to AFP, Jean Su, a senior attorney at the Center for Biological Diversity, warned that the new bill could throw the clean energy sector into a severe crisis. During Biden's presidency, the IRA had earmarked approximately $370 billion in tax credits to support clean energy projects, green technologies, and electric vehicles (EVs). These incentives were widely regarded as a transformative investment in the nation’s environmental strategy.
“These tax credits were the backbone of hundreds of clean energy initiatives across the country,” Su said. “Rolling them back places these projects in serious jeopardy—especially now, when AI-driven technologies and data centers are driving up electricity demand nationwide.”
The new legislation deals a significant setback to the electric vehicle (EV) sector. Under the bill, tax credits for purchasing new and used EVs will be phased out by the end of 2025. Additionally, tax incentives for installing EV charging infrastructure will expire after June 30, 2026. Experts warn this could sharply reduce momentum in the EV market and hinder efforts to transition away from fossil-fuel-based transport.
In stark contrast to the cuts affecting clean energy, the bill maintains and even expands benefits for the fossil fuel industry. Petroleum and gas companies will continue to receive drilling leases in the Gulf of Mexico, and a new coal tax credit has been introduced for use in the steel industry.
Meanwhile, programs aimed at reducing methane emissions and industrial waste from oil and gas companies have been scrapped. A separate provision allows automakers to bypass fuel economy regulations, as fines for non-compliance have effectively been reduced to zero.
Trump’s policy shift raises fresh concerns about America’s credibility in global climate leadership. Experts argue that continued withdrawal from green initiatives could weaken the country’s commitments to international agreements like the Paris Climate Accord.
This bill appears to echo Trump’s earlier environmental approach, most notably his controversial 2017 withdrawal from the Paris Agreement. The central question now is: Is the United States once again prioritizing fossil fuels over climate responsibility? And if so, what will be the global impact of this reversal?
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