The Big Bill Got Done. Now What?

Now that Congress has passed and President Trump has signed into law the One Big Beautiful Bill Act, we talk about the final language and what it means for the U.S. energy sector on this episode of Political Climate.  We discuss short term implications for solar and wind developers, particularly in light of a new executive order calling for new Treasury rules to strictly enforce the repeal of renewable energy tax credits. We also tackle what the OBBB means for American energy competitiveness on a global scale. Plus, a new Department of Energy report warns that blackouts could increase by 100 times in 2030 if the U.S. continues to close baseload power plants and fails to add additional firm capacity. Is the U.S facing a grid reliability crisis without coal and natural gas plants? We weigh in on the DOE report and the growing mismatch between US electricity supply and demand (for a primer, listen to our previous episode with Asim Haque, VP with grid operator PJM Interconnection).