5 • 1.3K Ratings
🗓️ 8 July 2025
⏱️ 15 minutes
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Last week’s massive spending and tax bill, named the “One, Big, Beautiful Bill Act,” was signed into law by President Trump. It includes major cuts to clean energy incentives, pushed forward by the Biden Administration’s signature climate law, the 2022 Inflation Reduction Act (IRA).
The new law is a huge setback against cutting emissions and transitioning to clean energy. “How We Survive” host Amy Scott talks with Shannon Osaka, climate zeitgeist reporter at The Washington Post, to find out how this will impact the climate crisis and how consumers can take advantage of clean energy tax credits while they’re still around.
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| 0:00.0 | Hey everyone, I'm Amy Scott, host of How We Survive. Last week, a massive spending and tax cut bill, |
| 0:08.1 | officially named the One Big Beautiful Bill Act, was signed into law by President Trump. It includes |
| 0:15.1 | major cuts to the clean energy incentives in the Biden administration's signature climate law, the 2022 |
| 0:22.5 | Inflation Reduction Act. To learn more about the climate impacts of the new law, I called up |
| 0:28.6 | Shannon Osaka. She's the climate zeitgeist reporter at the Washington Post. |
| 0:34.9 | Shannon gives some practical tips for consumers looking to take advantage of clean energy tax credits while they're still around. |
| 0:42.3 | Plus, we discuss how these cuts will affect the U.S. energy transition, our global competitiveness, and we get into what it all means for the climate crisis. |
| 0:53.3 | As our planet gets hotter and disasters, |
| 0:57.0 | like what we saw in Texas over the July 4th weekend, become more frequent. |
| 1:09.4 | So our burning question today is the so-called big beautiful bill, which has also been called the big beautiful climate-killing bill, has been signed into law. |
| 1:20.8 | So, Shannon, what does this mean for the energy transition? |
| 1:26.7 | Yeah, I'm just going to start out by saying it's hard to overestimate how devastating this bill will be to renewables in the United States. |
| 1:35.5 | If you think about kind of the long history of U.S. climate action, we waited quite literally decades to get a bill that was trying to boost wind and solar, to get all of |
| 1:47.1 | these technologies on the grid, to encourage adoption of EVs. And the big beautiful bill has basically, |
| 1:53.5 | in one, you know, big move removed all of those incentives and tax credits that we got from the Inflation Reduction |
| 2:01.7 | Act a few years ago. It is hard to overestimate how crushing it could be. Wow. Okay. Not that I was |
| 2:09.7 | expecting you to be all rosy about it, but that's a reality check. So let's talk about some of the |
| 2:16.0 | specifics. There were a lot of incentives |
| 2:18.2 | for both consumers and businesses to install solar panels, to create renewable energy projects. |
| 2:26.4 | What goes away immediately? What takes a little while to expire? What are some of the details? |
| 2:32.5 | So some of the biggest sort of climate boosting tax credits that we had |
| 2:37.5 | were these tax credits for clean energy, particularly wind and solar, but also geothermal, nuclear, |
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