Financial Times: “The Political Cost of America’s Surging Electricity Bills”
This article cites RFF research about the affordability impacts of cutting Inflation Reduction Act tax credits.
“Experts say some of the administration’s policies are compounding the problem. Trump has targeted solar and wind energy by cutting tax credits from the Inflation Reduction Act, Biden’s flagship industrial policy. According to climate group Resources for the Future, tax credit cuts could increase utility bills by 5 to 7 percent by 2030. He has also repeatedly attacked offshore wind farms under construction on the East Coast, issuing a series of stop-work orders and lease suspensions.”
