The Republican controlled Congress is poised to score a major victory for President Donald Trump by repealing green energy incentives that Democrats passed in the Inflation Reduction Act in 2022.
Rick Perry’s sprawling proposal for four nuclear reactors and 18 million square feet of datacenter buildings near Amarillo aims to “Make America Nuclear Again.”
Investors are pouring billions into fusion companies, encouraged by breakthroughs that they contend have put a sustained reaction tantalizingly within reach.
The Senate version of President Donald Trump’s tax-cutting bill slashes green energy tax credits but contains lucrative subsidies for petroleum companies that use captured carbon dioxide in oil production.
Hundreds of billions of dollars in spending on red-state projects are jeopardized by Trump’s sweeping tax bill, which will face intense lobbying in the Senate.