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22nd August 2025 News

August 22, 2025|ESG Research Foundation
22nd August 2025 News

U.S. energy policy reshaped by the “One Big, Beautiful Bill Act”

The “One Big, Beautiful Bill Act” reshapes U.S. energy policy by boosting oil and gas through new lease sales and royalties, while keeping carbon capture incentives steady until 2033. It accelerates timelines for wind and solar projects by ending credits for wind components after 2027 and removes consumer tax breaks for EVs, charging stations, and home energy upgrades after 2025.

In short, the bill favors oil and gas, secures carbon capture, accelerates renewables, and cuts support for consumers.
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