EO 14315
Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources
Energy & EnvironmentEconomy & Trade
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Summary
This executive order directs federal agencies to end subsidies for wind and solar energy sources, claiming they are unreliable and create market distortions. It requires the Treasury Department to strictly enforce termination of clean electricity tax credits and implement foreign entity restrictions, while directing the Interior Department to remove any regulatory preferences for renewable energy relative to dispatchable energy sources.
Key Points
- 1Mandates Treasury Department enforcement of termination of wind and solar tax credits under Internal Revenue Code sections 45Y and 48E within 45 days of enactment of the referenced 'One Big Beautiful Bill Act'
- 2Directs Treasury to issue guidance preventing circumvention of tax credit termination through artificial acceleration of project eligibility or manipulation of 'beginning of construction' rules
- 3Requires Interior Department to review and revise regulations and policies that provide preferential treatment to wind and solar facilities compared to dispatchable energy sources
- 4Establishes reporting requirements for Treasury and Interior secretaries within 45 days to document findings and implementation actions
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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