Hidden in the 700-plus pages of the Biden-era Inflation Reduction Act (IRA) were bloated dumps of green giveaways and the Biden administration’s woke pet projects.
The misnamed Inflation Reduction Act was the largest “climate” spending package in American history, pouring nearly $370 billion into “green energy” boondoggles. Despite the legislation’s promises, the IRA’s green spending failed to reduce inflation and added undue burdens on taxpayers.
Here are examples of the IRS items repealed by the House-passed Big Beautiful Bill:
1. Electric Vehicle and ‘Energy Efficiency’ Tax Credits
The IRA offered tax credits up to $7,500 for individuals who purchased new electric vehicles (EVs) and $4,000 for used ones, alongside credits for home efficiency upgrades and solar technology installations. These subsidies mainly benefited higher-income earners. For example, the clean vehicle credit applies to luxury EVs priced up to $80,000, even though 60% of Americans cannot afford a new car.
The Congressional Budget Office confirmed that nearly 80% of electric vehicle tax credits went to households with combined incomes over $100,000, or the top 20% of earners. Low-income Americans were basically paying taxes to fund EV purchases for the wealthy. Past clean energy tax initiatives also often failed to achieve long-term emissions reductions relative to their cost.
2. The Greenhouse Gas Reduction Fund
The IRA had allocated $27 billion to the Environmental Protection Agency to create a ‘Greenhouse Gas Reduction Fund’ often considered a federal ‘green bank’. This fund had broad discretion to issue grants and loans to dubious eligible recipients, many of which were non-profits or community development financial institutions for “green” projects. This type of fund is a breeding ground for political favoritism and ineffective oversight. The Fund itself is misguided policy, using taxpayer dollars to fund unreliable energy initiatives.
The IRA had created a fiscal black hole that served as a slush fund for politically aligned entities. Eliminating the fund closes the door to years of bureaucratic misdirect and ends the siphoning of Congressional power to an agency.
3. “Environmental Justice” Block Grants
$3 billion had been intended for “environmental and climate justice” grants. The grants were never about justice; they were about progressive buzzwords like “community engagement” or “resilience” with no measurable environmental benefits. There were no performance metrics or clear goals, and no accountability.
The entire program was just taxpayer-funded activism. A political payout in the name of ‘climate protection’
4. Diesel and Port Pollution Programs
In the IRA, over $160 million was allocated in grants to reduce diesel emissions at ports and vehicles. The grants offered ambiguous data and held poor compliance records. Also, the Environmental Protection Agency (EPA) already has a diesel reduction program.
5. Carbon Construction Labeling
The IRA had created a new EPA mandate to label construction materials based on “embodied carbon,” a measurement of greenhouse gas emissions released during construction.
Builders would be strong-armed into using EPA-approved materials, oftentimes costlier and harder to source, just to earn a pointless label. Housing costs would be increased and slow construction with no real environmental gains.
6. Corporate Emissions Reporting
An extensive corporate mandate to track and report every greenhouse gas emission was tacked on to the IRA. The left used this mandate as an attempt to impose ESG (“Environmental, Social, Governance”) compliance by force. Companies would be buried in red tape and threatened with monetary penalties for supposed “climate data” offenses.
The rule offered no real emissions impact, but it would have drained billions from American companies in compliance costs, especially from manufacturers, farmers, and small businesses.
7. Methane Emissions Program
Over $1.5 Billion was awarded in grants for methane mitigation at oil and gas operations. The program basically paid companies to continue complying with established EPA rules. It is actually industry innovation that has significantly reduced methane emissions, not some federal handout.
8. Electric Truck Subsidies
Another $1 billion was set aside for “clean heavy-duty vehicles,” including infrastructure and electric trucks. Long-haul EV trucks are too expensive, too heavy, and cannot compete with the range of a diesel 18-wheeler. The technology is not ready for such initiatives, and the infrastructure does not exist.
9. Alternative Fuel Credits
The IRA offered $100,000 per site in tax credits for EV chargers. This allocation would primarily prop up corporate developers building in already-profitable areas. The incentives were redundant in urban markets. This wasn’t about expanding infrastructure, it allowed corporations to write off the cost of something many were already planning on installing. Meanwhile, underserved or rural communities saw little to no benefit.
10. Carbon Sequestration Credit
The tax credit awarded companies with lucrative tax benefits by simply stating that they captured and stored CO2 emissions. The credit, known as 45Q, was billed to limit industrial emissions, but in reality, it was a loophole. In 2020, the U.S. Treasury Inspector General found that 87% of claimed credits were not independently verified. The credit incentivized projects without adequate guarantees for performance or environmental impact. The policy was a multi-billion-dollar grift disguised as green innovation.
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The Big Beautiful Bill is more than a legislative win; it is a takedown of the left’s overall big government agenda. The bloated mess of green initiatives hidden within the IRA is finally being thrown out like the garbage it is.
See also:
List of Tax Cuts in the Big Beautiful Bill
Americans Making $30,000 – $80,000 Will Get a 15% Tax Cut in the Big Beautiful Bill
No Tax on Tips in the Big Beautiful Bill Will Help Millions of Americans
Big Beautiful Bill Expands Tip Tax Credit to Barbershops and Salons
Big Beautiful Bill Repeals Biden-era IRS 1099-K Venmo Tax
Big Beautiful Bill Expands Child Tax Credit to $2,500
Big Beautiful Bill’s Opportunity Zone Tax Cuts Will Help Distressed Areas Across All 50 States
Big Beautiful Bill Expands Health Savings Accounts to Another 20 Million Americans
Five Myths About Medicaid Improvements in the Big Beautiful Bill
Every House Democrat Just Voted Against These Tax Cuts
Spectrum Auctions in Big Beautiful Bill Will Boost American Innovation
Big Beautiful Bill Includes Moratorium on State AI Regulation
Grover Norquist Op-Ed in The Daily Caller in Support of The Big Beautiful Bill
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Author: Rachel Loren
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