The Energy Freedom Act would eliminate dozens of federal tax credits and subsidies for clean energy and green technology, affecting electric vehicles, home energy efficiency improvements, renewable energy installations, clean hydrogen production, nuclear power, carbon capture, sustainable aviation fuel, and advanced manufacturing. The bill repeals major tax incentive programs enacted in recent years, including credits for renewable electricity, energy-efficient homes and buildings, commercial clean vehicles, and clean fuel production, along with the federal petroleum tax. Most repeals would take effect on January 1, 2026, for property, equipment, and vehicles placed in service after that date. The legislation also eliminates provisions that allowed renewable energy producers and certain investment trusts to receive these tax credits through direct payments instead of traditional tax deductions. Overall, the bill represents a significant rollback of federal incentives for clean energy adoption and production.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.