Tax and energy policy experts agree that while the One Big Beautiful Bill Act (OBBBA), will slow clean energy deployment, market forces and key remaining incentives will nonetheless contribute to growth in the sector.
Administrative Challenges
The National Tax Association held a panel November 12 analyzing the effects of the OBBBA on clean energy tax policy. The 2025 budget reconciliation law repealed or modified many of the tax credits established by the Inflation Reduction Act (IRA), particularly programs supporting wind and solar projects.
Alex Muresianu, senior policy analyst at the Tax Foundation, clarified that the law not only repealed most consumer-facing credits and curtailed flagship business credits like the Production Tax Credit (PTC) and Investment Tax Credit (ITC) for new wind and solar projects, it also complicated others. The credits “that remain have gotten a lot more complex,” he said.
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