Will "Big Beautiful Bill” Derail Clean Energy Growth?
BloombergNEF’s Derrick Flakoll discusses the outlook for U.S. clean energy development under the House version of Trump’s “Big Beautiful Bill.” --- On May 22, the House of Representatives passed its version of what President Trump has dubbed the “Big Beautiful Bill,” a sweeping budget package addressing taxation, federal spending, and the debt ceiling. Now headed to the Senate, a revised version is expected to emerge by early July. The House bill proposes deep funding cuts to programs like Medicaid and extends the Trump-era tax cuts from 2017. For the clean energy sector, however, the most consequential provisions are those targeting the Inflation Reduction Act. As written, the legislation would significantly curtail tax credits for renewable energy projects and the domestic manufacturing base that supports them. Incentives for electric vehicles and EV charging infrastructure, as well as battery storage, hydrogen, and nuclear power would also be sharply reduced or eliminated altogether. Derrick Flakoll, U.S. Policy Expert at BloombergNEF, examines what this could mean for the future of clean energy in the United States. BloombergNEF recently released an analysis projecting the impacts of the House bill on clean energy growth and investment. Flakoll outlines the report’s findings, including the resilience of clean energy markets without IRA tax credits, which sectors face the greatest risks, and how the proposed “Foreign Entity of Concern” provisions could further complicate project development. He also considers how the Senate might alter the legislation and whether any of the IRA’s clean energy incentives are likely to remain intact. Derrick Flakoll is Policy Expert for the United States and Canada at BloombergNEF Related Content: Has Europe’s Emissions Trading Scheme Taken Away a Country’s Ability to Reduce Emissions? https://kleinmanenergy.upenn.edu/research/publications/has-europes-emissions-trading-scheme-taken-away-a-countrys-ability-to-reduce-emissions/ Can California’s Emissions Market Survive Past 2030 (Podcast) https://kleinmanenergy.upenn.edu/commentary/podcast/can-californias-emissions-market-survive-past-2030/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.eduSee omnystudio.com/listener for privacy information.
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42:34
Renewable Energy’s Land Use Reckoning
As renewable power grows, land use decisions will influence its environmental impact. --- Decarbonizing the electric grid will require a dramatic expansion of renewable energy by mid-century, and significantly more land dedicated to clean power. But where and how that buildout occurs will shape whether the environmental benefits of renewables are fully realized or come at a high cost to ecosystems, farmland, and communities. Grace Wu of the Spatial Climate Solutions Lab at UC Santa Barbara and Jonathan Thompson, research director at Harvard Forest, examine the tension between rapid renewable energy expansion and conscientious land use. Wu, who has co-authored recent reports on the environmental impacts of clean energy siting policies, explores strategies for minimizing impacts while ensuring energy remains reliable and affordable. Thompson, whose research quantifies the effects of land use on forest ecosystems, discusses the push-and-pull dynamic unfolding in Massachusetts, where solar development has resulted in real losses of forests and farmland, and where new siting models are emerging. The two also explore how incentives and regulations influence land use decisions, and how policy can reduce land impacts while supporting clean power development. Grace Wu is an assistant professor in the Environmental Studies program at the University of California Santa Barbara and leads the university’s Spatial Climate Solutions Lab. Jonathan Thompson is senior ecologist and research director at Harvard Forest. Related Content Has Europe’s Emissions Trading Scheme Take Away a Country’s Ability to Reduce Emissions? https://kleinmanenergy.upenn.edu/research/publications/has-europes-emissions-trading-scheme-taken-away-a-countrys-ability-to-reduce-emissions/ The Untapped Potential of ‘Repurposed Energy’ https://kleinmanenergy.upenn.edu/research/publications/the-untapped-potential-of-repurposed-energy/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu. See omnystudio.com/listener for privacy information.
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44:15
Consumers on the Sidelines? The Fight Over the Grid’s Future
As electrical grid operators move to fast-track gas projects, consumer and environmental advocates raise red flags. --- The U.S. electricity grid is undergoing a dramatic transformation. As coal plants retire, wind, solar, and battery storage now dominate the pipeline of new power projects. Yet in recent months, some policymakers and grid operators have called for a new wave of natural gas plants to meet rising electricity demand from AI data centers and industrial growth. Supporters argue that gas offers a fast, reliable solution. Critics see a costly, backward-looking move that undermines long-term climate and affordability goals. Too often missing from this debate is the voice of the consumer—the people ultimately footing the bill. This episode explores the consumer perspective on our rapidly evolving grid with two guests with deep experience at the intersection of grid policy and public interest. Patrick Cicero is the former consumer advocate for Pennsylvania. John Quigley is a senior fellow at the Kleinman Center and former secretary of Pennsylvania’s Department of Environmental Protection. Together, they discuss what the energy transition means for ratepayers—and the policies needed to ensure a clean, reliable, and equitable grid. Patrick Cicero is chief counsel at the Pennsylvania Utility Law Project and former consumer advocate for the state of Pennsylvania. John Quigley is a senior fellow at the Kleinman Center and a former secretary of Pennsylvania’s Department of Environmental Protection. Related Content Has Europe’s Emissions Trading Scheme Taken Away a Country’s Ability to Reduce Emissions? https://kleinmanenergy.upenn.edu/research/publications/has-europes-emissions-trading-scheme-taken-away-a-countrys-ability-to-reduce-emissions/ Fossil Foolishness https://kleinmanenergy.upenn.edu/commentary/blog/fossil-foolishness/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu.See omnystudio.com/listener for privacy information.
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52:02
Beyond Yield: Climate, Nutrition and the Future of Farming
Dr. Lindiwe Majele Sibanda, chair of global food security research network CGIAR, on adapting agriculture for climate and food security. --- Global agriculture changed dramatically during the 20th century as small, traditional farms were replaced by large-scale, monoculture farming in many parts of the world. This shift led to a dramatic increase in food production, helping to feed a global population that today exceeds 8 billion. Yet the revolution in agriculture has created a new set of challenges. Modern farming is more resource-intensive than ever, requiring substantial investments in machinery and a heavy reliance on chemical inputs like synthetic fertilizers and pesticides. These shifts have introduced new economic risks for farmers, who can struggle to keep up with rising input costs and volatile markets. Meanwhile, the widespread cultivation of bulk cash crops has often come at the expense of soil health, crop diversity, and the nutritional quality of the food we grow and consume. On the podcast, Dr. Lindiwe Majele Sibanda—professor of agriculture at the University of Pretoria in South Africa, cattle farmer in Zimbabwe, and board chair of the Consultative Group on International Agricultural Research (CGIAR)—discusses current efforts to make agriculture more resilient and sustainable. These include the revival of traditional crops, regenerative soil management techniques, and innovations aimed at reducing reliance on fossil fuels. Sibanda also examines how such practices can support environmental and climate goals while improving farmer livelihoods and strengthening long-term food security. Lindiwe Majele Sibanda is board chair of the Consultative Group on International Agricultural Research (CGIAR). Related Content Cooling People, Not Spaces: Surmounting the Risks of Air-Conditioning Over-Reliance https://kleinmanenergy.upenn.edu/research/publications/cooling-people-not-spaces-surmounting-the-risks-of-air-conditioning-over-reliance/ Closing the Climate Finance Gap: A Proposal for a New Green Investment Protocol https://kleinmanenergy.upenn.edu/research/publications/closing-the-climate-finance-gap-a-proposal-for-a-new-green-investment-protocol/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.eduSee omnystudio.com/listener for privacy information.
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Planning for Net Zero in an Imperfect World
Ambitious climate policies may overlook practical constraints. Kleinman Center Visiting Scholar Niall Mac Dowell explores what deliverable paths to net zero might require. --- The Earth’s average temperature surpassed the 1.5°C threshold for the first time in 2024—a milestone driven in part by El Niño, but also a stark warning about our broader climate trajectory. While temperatures may moderate slightly in 2025, the world remains far from taking the decisive action needed to avoid the most severe impacts of climate change. The obstacles to meaningful progress are complex, spanning economics, politics at local and global levels, and questions of technological scalability. The good news is that these are solvable challenges. Yet, despite our collective capacity, we’ve struggled to overcome the headwinds that continue to slow decisive climate action. On the podcast, Niall Mac Dowell, visiting scholar at the Kleinman Center and professor of Future Energy Systems at Imperial College London, takes stock of where we are now. His work focuses on the transition to a low-carbon economy, with recent research exploring the feasibility of clean energy development projections and the role negative emissions could play in achieving net-zero goals. He shares his perspective on what it will take to move more decisively toward a sustainable energy future. Niall Mac Dowell is Professor of Future Energy Systems at Imperial College London. The official transcript for this episode is available on the Kleinman Center for Energy Policy website: https://kleinmanenergy.upenn.edu/commentary/podcast/ Related Content Has Europe’s Emissions Trading Scheme Taken Away a Country’s Ability to Reduce Emissions? https://kleinmanenergy.upenn.edu/research/publications/has-europes-emissions-trading-scheme-taken-away-a-countrys-ability-to-reduce-emissions/ Closing the Climate Finance Gap: A Proposal for a New Green Investment Protocol https://kleinmanenergy.upenn.edu/research/publications/closing-the-climate-finance-gap-a-proposal-for-a-new-green-investment-protocol/ Climate Action in the Age of Great Power Rivalry: What Geopolitics Means for Climate https://kleinmanenergy.upenn.edu/research/publications/climate-action-in-the-age-of-great-power-rivalry-what-geopolitics-means-for-the-climate/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.eduSee omnystudio.com/listener for privacy information.
Energy Policy Now offers clear talk on the policy issues that define our relationship to energy and its impact on society and the environment. The series is produced by the Kleinman Center for Energy Policy at the University of Pennsylvania and hosted by energy journalist Andy Stone. Join Andy in conversation with leaders from industry, government, and academia as they shed light on today's pressing energy policy debates.
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