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ASSESSING IMPACTS OF THE “ONE BIG BEAUTIFUL BILL ACT” ON U.S. ENERGY COSTS, JOBS, HEALTH, AND EMISSIONS
This report by Energy Innovation analyzes the projected economic, environmental, and health impacts of the "One Big Beautiful Bill Act" (OBBBA), a 2025 budget Reconciliation legislation passed by the U.S. House of Representatives. The analysis compares a "Current Policies" scenario against an "EI House OBBBA" scenario, finding that the bill's repeal of clean energy tax credits and environmental standards would lead to higher energy costs, significant job losses in manufacturing, increased greenhouse gas emissions, and higher premature death rates.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
ASSESSING IMPACTS OF THE 2025 RECONCILIATION BILL ON U.S. ENERGY COSTS, JOBS, HEALTH, AND EMISSIONS
This report by Energy Innovation analyzes the potential economic, environmental, and health impacts of the U.S. House of Representatives' 2025 budget Reconciliation legislation. The analysis compares a 'Current Policies' scenario against an 'EI Reconciliation May 2025' scenario, finding that the proposed repeals and modifications of clean energy tax credits and funding would increase household energy costs, lead to significant job losses, reduce electricity capacity, and increase greenhouse gas emissions and premature deaths.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report