Here are the facts.
Trump Slashes Biden’s Green Giveaways, Prioritizes Oil and Gas
President Donald Trump’s new budget package, the “One Big Beautiful Bill Act,” is sending shockwaves through Washington and the energy industry alike. Signed into law on July 4, the bill repeals billions in Biden-era renewable energy subsidies and marks a major pivot back to traditional American energy dominance.
While liberal think tanks sound the alarm, conservative voters and energy experts say the bill is exactly what this country needs—a return to energy sanity.
Will Energy Prices Go Up? Critics Say Yes, Trump Says No
Climate activists claim the legislation will drive up utility bills and halt green energy progress. According to the left-leaning Energy Innovation group, electricity prices could jump 25% by 2030 and 74% by 2035, with average Americans seeing up to 18% hikes on their power bills.
But Trump’s team fires back. A White House spokesperson told Newsweek, the bill will “turbocharge oil production,” lower overall energy costs, and provide relief to American families and businesses.
Green States Face the Biggest Price Hikes
Liberal-leaning states like Nevada, Missouri, and South Carolina, which heavily invested in solar and wind, could see sharp increases in electricity rates.
- Nevada: Average family could pay $300 more per year
- Missouri: Forecasted jump of $640 annually by 2035
- GDP losses: Up to $3.5 billion per year in affected states
Why? Because without federal handouts, green projects are collapsing, and expensive backup fuels like natural gas are filling the gap.
Up to 760,000 Green Jobs Could Disappear
Energy Innovation warns the bill could lead to 760,000 job losses in the renewable sector by 2030, along with a $980 billion hit to the U.S. economy as Biden’s clean energy dream fades.
Industry groups like Advanced Energy United admit they’re seeing massive investment pullbacks, as manufacturers of solar parts, batteries, and turbines get cold feet in the face of a shrinking market.
Trump’s Vision: American Oil Over Foreign Solar
President Trump’s plan doesn’t apologize for prioritizing U.S.-made energy. It ends costly subsidies, eliminates loopholes, and clears the way for oil and gas expansion on American soil.
“We’re done sending taxpayer money to Chinese solar companies,” said one senior energy adviser. “This bill puts American workers, drillers, and families first.”
It’s a clear contrast to Biden’s failed energy strategy, which prioritized climate slogans over common sense.
Energy Realism Is Back—And It’s Red, White, and Blue
While Biden’s green agenda handed billions to foreign-backed projects, Trump is bringing energy policy back home. Yes, the transition may sting in certain states, but for millions of Americans struggling with inflation, high gas prices, and utility bills, this bill could be a turning point.
Bottom line: This isn’t just a budget fix. It’s a bold stand for energy freedom, lower costs, and American strength.