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The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....
Much of the policy discussion around President Trump’s One Big Beautiful Bill has focused on electricity subsidies, where the outcome admittedly falls short of what fiscal conservatives hoped for. Wind and solar projects can still claim subsidies through July 2030, extending billions in taxpayer support for the next five years and driving up ratepayer bills...