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Houston’s clean energy ambitions threatened by new tax bill
Read full article: Houston’s clean energy ambitions threatened by new tax billThe One Big Beautiful Bill Act, an extension of the 2017 Tax and Jobs Cuts Act, poses significant challenges to Houston's clean energy sector by proposing the removal of key tax credits and deductions. This legislative change threatens to undermine ongoing and future renewable energy projects in the city, known for its leadership in wind and solar energy production. The bill's impact extends to consumers, eliminating tax credits for electric vehicles and energy-efficient home improvements, potentially leading to higher energy costs. As the bill awaits a final vote in the House of Representatives, its implications for Houston's energy landscape and consumer expenses are a growing concern.