\n<\/p>\n
Clean fuel production credit<\/p>\n
Extend credit for biofuels an additional four years through 2031 and make changes<\/p>\n
$26 bil.<\/p>\n
Carbon oxide sequestration credit<\/p>\n
Restrict access for foreign entities<\/p>\n
$14 bil.<\/p>\n
Partnership rules for companies involved in energy extraction and storage<\/p>\n
Allow publicly traded companies substantially involved in hydrogen storage, carbon capture, advanced nuclear, hydropower and geothermal energy to be taxed as partnerships<\/p>\n
$3.2 bil.<\/p>\n
Methane emissions and waste reduction rescissions<\/p>\n
Postpone for 10 years the implementation of a fee on methane leaks from oil and gas operations and rescind funding for other programs to reduce leaks<\/p>\n
$1.4 bil.<\/p>\n
Intangible drilling and development costs<\/p>\n
Change the tax treatment for certain costs for corporations involved in energy drilling<\/p>\n
$0.4 bil.<\/p>\n
Refunds for dyed fuels<\/p>\n
Allow refunds of federal fuel excise taxes paid on fuel that was indelibly dyed for off-road or agricultural purposes<\/p>\n
\u2014<\/p>\n
Expedited environmental reviews<\/p>\n
Allow project sponsors to expedite environmental reviews for a fee<\/p>\n
\u2014<\/p>\n
Endangered Species Act recovery plans rescission<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2014<\/p>\n
Diesel emissions reductions rescission<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.1 bil.<\/p>\n
\u201cClimate Change Action Plans\u201d for state, local and tribal governments<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.1 bil.<\/p>\n
Carbon footprint labeling for construction materials rescission<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.1 bil.<\/p>\n
Air pollution rescission<\/p>\n
Rescind Inflation Reduction Act funds, including for schools<\/p>\n
\u2013$0.1 bil.<\/p>\n
Energy efficient commercial buildings deduction<\/p>\n
Terminate a tax deduction for energy efficient HVAC, lighting systems, and other improvements for construction 12 months after enactment<\/p>\n
\u2013$0.1 bil.<\/p>\n
Green and Resilient Retrofit Program rescission<\/p>\n
Rescind Inflation Reduction Act funds for green housing program<\/p>\n
\u2013$0.1 bil.<\/p>\n
Other Inflation Reduction Act rescissions<\/p>\n
Related to greenhouse gases, environmental reviews, low-emissions electricity, data collection and hydrofluorocarbons<\/p>\n
\u2013$0.2 bil.<\/p>\n
Declarations advertising the environmental impact of products rescission<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.2 bil.<\/p>\n
Sustainable aviation rescission<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.2 bil.<\/p>\n
Environmental and climate justice block grants<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.3 bil.<\/p>\n
Clean heavy-duty vehicles rescission<\/p>\n
Rescind Inflation Reduction Act funds that help states and localities adopt zero-emission vehicles<\/p>\n
\u2013$0.4 bil.<\/p>\n
Cost recovery for energy property and clean energy facilities<\/p>\n
Eliminates special tax treatment for certain clean energy projects begun after enactment<\/p>\n
\u2013$0.4 bil.<\/p>\n
Green federal buildings rescissions<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$0.7 bil.<\/p>\n
Low-carbon transportation material grants rescission<\/p>\n
Rescind Inflation Reduction Act funds<\/p>\n
\u2013$1.3 bil.<\/p>\n
Neighborhood Access and Equity Grant Program rescission<\/p>\n
Rescind Inflation Reduction Act funds for a grant program to improve walkability, safety and affordable transportation<\/p>\n
\u2013$1.7 bil.<\/p>\n
Alternative fuel vehicle refueling property credit<\/p>\n
Terminate 12 months after enactment<\/p>\n
\u2013$2.0 bil.<\/p>\n
Automaker fuel economy penalties<\/p>\n
\u2013$2.8 bil.<\/p>\n
Energy efficient credit for new homes<\/p>\n
Terminate a tax credit for the construction of new homes that meet energy star standards 12 months after enactment<\/p>\n
\u2013$5.4 bil.<\/p>\n
Clean hydrogen production credit<\/p>\n
Terminate at the end of 2025<\/p>\n
\u2013$5.9 bil.<\/p>\n
Previously owned clean vehicle credit<\/p>\n
Terminate a tax credit for clean energy used car purchases 180 days after enactment<\/p>\n
\u2013$7.4 bil.<\/p>\n
Energy efficient home improvement credit<\/p>\n
Terminate a tax credit for energy audits and renovations to improve efficiency 180 days after enactment<\/p>\n
\u2013$21 bil.<\/p>\n
Clean electricity production and investment credit<\/p>\n
Phase down tax credits for low-emissions electricity sources like wind, solar, nuclear and geothermal power. New restrictions on transferability and the use of components from China.<\/p>\n
\u2013$29 bil.<\/p>\n
Advanced manufacturing production credit<\/p>\n
Phase out in 2031, one year earlier than current law, and disqualify facilities that use certain components from China and other \u201cforeign entities of concern\u201d<\/p>\n
\u2013$50 bil.<\/p>\n
Residential clean energy credit<\/p>\n
Terminate the tax credit for rooftop solar, geothermal heat pumps and other home devices 180 days after enactment<\/p>\n
\u2013$77 bil.<\/p>\n
Clean vehicle credit<\/p>\n
Terminate the $7,500 consumer rebate for electric vehicles 180 days after enactment<\/p>\n
\u2013$78 bil.<\/p>\n
Qualified commercial clean vehicles credit<\/p>\n
Terminate the credit for companies that buy electric cars or trucks, including businesses that lease the vehicles to consumers, 180 days after enactment<\/p>\n
\u2013$105 bil.<\/p>\n
Clean energy electricity investment credit<\/p>\n
Phase down tax credits for investments in zero emissions electricty sources, starting in 2026.<\/p>\n
\u2013$179 bil.<\/p>\n","protected":false},"excerpt":{"rendered":"
Clean fuel production credit Extend credit for biofuels an additional four years through 2031 and make changes $26 bil. Carbon oxide sequestration credit Restrict access for foreign entities $14 bil. Partnership rules for companies involved in energy extraction and storage Allow publicly traded companies substantially involved in hydrogen storage, carbon capture, advanced nuclear, hydropower and<\/p>\n","protected":false},"author":1,"featured_media":9807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[142,342,2386,1861,1119,1314],"class_list":{"0":"post-9806","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics","8":"tag-bill","9":"tag-cost","10":"tag-g-o-p","11":"tag-list","12":"tag-save","13":"tag-senate"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/9806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9806"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/9806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/9807"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}