July 28,2025

The One Big Beautiful Bill Prioritizes America-First Energy

Washington, D.C.--The One Big Beautiful Bill Act cuts hundreds of billions of dollars in Green New Deal spending and ends the penalization of fossil fuels in favor of intermittent and expensive green energy. This America-first energy policy supports an all-of-the-above approach, lowering costs for consumers and powering domestic energy production.

“Embracing an America-first energy policy will correct the misguided incentives of the Green New Deal and empower domestic production again, while lowering prices for consumers,” said Finance Committee Chairman Mike Crapo (R-Idaho).

Key wins:

  • Eliminates hundreds of billions of dollars of Biden’s unnecessary Green New Deal subsidies, such as ending the EV tax credit and its “lease loophole.”
  • Stops penalizing fossil fuels in favor of intermittent green energy.
  • Boosts investment in nuclear energy and critical technologies, giving American companies a competitive edge over China.
  • Supports consistent energy sources, in turn reducing market distortions, decreasing consumer prices and powering American growth.

 

What they are saying:

 

“The bill will directly support U.S. economic growth and security. Mining feeds and fuels virtually every American supply chain; a strong mining industry creates an equally strong foundation for every industry that depends on the products and energy we provide.” - National Mining Association President and CEO Rich Nolan

 

“The bill allows us to continue down the path to achieve the Administration’s ambitious goals for deploying new, cutting-edge nuclear technologies that will meet the growing demand for more reliable energy.” - Nuclear Energy Institute President and CEO Maria Korsnick

 

“We applaud the Senate for passing the One Big Beautiful Bill to bolster America’s energy advantage and support economic growth. This historic legislation will help usher in a new era of energy dominance by unlocking opportunities for investment, opening lease sales and expanding access to oil and natural gas development.” - American Petroleum Institute President and CEO Mike Sommers

 

Click HERE to learn more about the Finance Committee provisions in the One Big Beautiful Bill Act.