Energy & Environment
The Energy Subsidy Trap: How the One Big Beautiful Bill Proved Subsidies Are Nearly Impossible to Remove
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....
July 23, 2025