Chart: Hundreds of gigawatts of clean energy at risk with GOP bill

AI generated summary

Republicans in Congress are poised to undermine the U.S. clean energy sector with the proposed "Big Beautiful Bill," which aims to phase out essential clean-energy tax credits. According to analysis from Cleanview, this legislation could jeopardize over 600 gigawatts of solar, battery, and wind projects expected to come online by 2028, casting uncertainty over the future of these initiatives. The bill stipulates that developers must begin construction within 60 days of its passage to qualify for tax credits, putting an additional 318 gigawatts of planned projects at risk.

The implications of this legislation could lead to a slowdown in clean energy construction, contrary to the growing demand for renewable energy sources. Currently, solar, batteries, and wind account for over 90% of new energy projects in the U.S., while fossil fuel power plant construction faces limitations. With rising electricity demand, particularly due to the expansion of AI and data centers, the bill's passage could result in higher energy costs and increased emissions, undermining the progress made in clean energy development.