Trump gives the oil industry what you want; The sun and the wind hurts

President Donald Trumps A great beautiful law action Federal support, which has long been for the strength of the solar and wind, creates a situation for the production of oil, gas and coal.

The House of Representatives spent Trump’s Megabillin on Thursday before the last date setting in the White House Senate Tuesday confirmed the controversial law.

Trump, explained their priorities in energy production. He will trust oil, gas, coal and core to meet the growing energy needs of the United States, the President said the president last weekend, wind and solar energy.

“I don’t want to destroy our place of windmills,” Trump said in an interview with Trump June 29. “I have been a few kilometers of these suns, and half a mountain that is ugly as hell.”

The president’s residual fuel and hostility is reflected in the arms of the renewable energy enmity and internal policy laws. This is the most priorities of the oil and gas sector, the Sençevby group, while putting an end to tax loans playing an important role in the growth of the sun and wind power.

Oil, gas and coal are winners

The law is more than 15 years of the Biden administration, more than 30 in the Gulf of Mexico, more than 30 in the territory of nine countries and oil and gas drilling in oil and gas drilling for gas drilling.

The law also sews the royalts to pay the manufacturers for the federal lands that promote the higher access to the government’s oil and gas pump.

“This bill will be the most transformation legislation we have seen in terms of exit for both federal land and federal waters, and the President of the American Oil Institute, the Industrial Lobbying Group,” This includes almost all priorities. “

The law will also use a carbon capture tax credit to produce more raw companies. Tax credit is designed to support carbon waste and support detergent technology. Under Trump’s bill, manufacturers will receive the growing tax fayes to produce more oils to produce more oil.

The law ends in 2028, a more delayed hydrogen tax credit than previous versions of the bill. Bar, Skeleton Others invest in projects to produce hydrogen fuel.

“I have a number of members planning to invest significantly in hydrogen and so it was a priority that extended until the end of 2028,” he said.

The coal industry is also a great winner of the development of at least 4 million acres of federal territories for culture of at least 4 million additional acre federal areas. The law also allows the government to use a steel that allows the government to use a developed tax loan for payments for the federal land mining and a developed tax credit for mining metallurgical coal.

The sun and wind are those who have lost

The law rises clean electricity and production tax credits for the wind and the sun played an important role in the growth of the renewable energy industry. The investment loan has been in place since 2005 and has been a production loan since 1992. The act of reducing the inflation extended his life by at least 2032 of the two.

After 2027, the sun and wind farms entering the service will no longer be suitable for loans. The law has an exception except for projects starting construction within 12 months of the law.

The report program is more gradually gradually than previous versions of the legislation dated December 31, 2027. This is 2.5 years online to take advantage of loans online.

“Despite the limited progress, this legislation is the main director general of the US-based basis of American production and the foundation of the global energy management, the Director General of the Association of the Association of Energy Industries, said in a statement when the bill passed the Senate.

The connection tax loan for use of US-made components in solar and wind farms ends for projects in 2027. A Cairware allows the effect of the law to claim the claim to the loan within a year. The loan is designed to support the requirement in US factories to disrupt the dependence of US equipment from China.

“If nothing is changing, the factories are closing,” the executive director of the Solar Energy Manufacturers’ Union said. We will see the investment in the sector slows down. “