A List of Nearly Everything in the Senate G.O.P. Bill, and How Much It Would Cost or Save
By: Alicia Parlapiano, Margot Sanger-Katz, Aatish Bhatia and Josh Katz | Published: 2025-06-30 04:47:00 | Source: www.nytimes.com
Clean fuel production credit
Extend credit for biofuels an additional four years through 2031 and make changes
Carbon oxide sequestration credit
Restrict access for foreign entities
Partnership rules for companies involved in energy extraction and storage
Allow publicly traded companies substantially involved in hydrogen storage, carbon capture, advanced nuclear, hydropower and geothermal energy to be taxed as partnerships
Methane emissions and waste reduction rescissions
Postpone for 10 years the implementation of a fee on methane leaks from oil and gas operations and rescind funding for other programs to reduce leaks
Intangible drilling and development costs
Change the tax treatment for certain costs for corporations involved in energy drilling