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How Trump’s tax bill will influence US climate policy
July 05, 2025
|Hindustan Times Amritsar
With the passage of his party's “One Big Beautiful Bill,” Republican President Donald Trump has largely delivered on his promise of curtailing Joe Biden's landmark climate law.
The Inflation Reduction Act (IRA), signed by Biden in 2022, was the largest climate investment in US history, allocating around $370 billion in tax credits for renewable energy projects, efficient appliances, and more. Much of that now faces imminent repeal.
“These credits were all huge motivating incentives for clean energy to be built out across the country,” said Jean Su, senior attorney at the Center for Biological Diversity.
“With those removed, those renewable energy projects are all at risk of entirely failing.” Su noted the cuts come amid surging electricity demand from AI data centers.
هذه القصة من طبعة July 05, 2025 من Hindustan Times Amritsar.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Amritsar
Hindustan Times Amritsar
The power of youth: Welcome to Indian cricket's Gill-Jaiswal era
Young skipper and opener have stamped their class in Tests over the last 2 years
4 mins
October 12, 2025
Hindustan Times Amritsar
Elderly women need focussed interventions
October 1 is observed as World Elder Day, with all its attendant focus on the needs of older people and their potential. It is a day that comes by only to be forgotten quickly and the spotlight moves back onto the potential India's younger demographic holds. In the cohort of older persons, women are most at a disadvantage.
2 mins
October 12, 2025
Hindustan Times Amritsar
Modi launches two agri schemes worth ₹35k-cr
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1 mins
October 12, 2025
Hindustan Times Amritsar
Canadian foreign min to arrive today; trade, security ties in focus
Canada and India will look at \"establishing a framework for strategic cooperation\" in areas of trade, energy and security during Canadian foreign affairs minister Anita Anand's visit to New Delhi starting Sunday.
1 min
October 12, 2025
Hindustan Times Amritsar
VISCERA REPORT OF ZUBEEN GARG RECEIVED: POLICE
Biswa Kalyan Purkayastha letters@hindustantimes.com
1 min
October 12, 2025
Hindustan Times Amritsar
NDA likely to announce seat-sharing deal today
'NO DIFFERENCES AMONG ALLIES'
2 mins
October 12, 2025
Hindustan Times Amritsar
World can’t let critical minerals go the oil way
Energy transition must be fair, equitable and just, leaving nobody behind. The governance of critical minerals must evolve in response to this context
5 mins
October 12, 2025
Hindustan Times Amritsar
DEOBAND SEMINARY CONFERS TALIBAN'S MUTTAQI WITH 'HADITH SANAD'
Taliban foreign minister Amir Khan Muttaqi was on Saturday conferred with the \"Hadith Sanad\" (certificate of authority) by Darul Uloom Deoband, one of the most influential Islamic seminaries in South Asia.
1 min
October 12, 2025
Hindustan Times Amritsar
Simran likely to lose para Worlds medals
Days after India celebrated its biggest medal haul at the World Para Athletics Championships here, the guide of woman sprinter Simran Sharma, Umar Saifi, was provisionally suspended by the National AntiDoping Agency (NADA).
1 min
October 12, 2025
Hindustan Times Amritsar
Govt plans to exempt green nod for solid waste facilities
THE CENTRE PROPOSED TO EXEMPT THESE SECTORS BECAUSE OF THEIR LOW POLLUTION POTENTIAL
2 mins
October 12, 2025
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