Trump’s Clean Energy Law Sends Insurance Costs Soaring ...Middle East

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Trump’s Clean Energy Law Sends Insurance Costs Soaring
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President Trump’s One Big Beautiful Bill (OBBBA), signed into law on July 4, 2025, intended to phase out tax credits for wind and solar by mid-2026. But its true impact extends well beyond incentives: OBBBA is unsettling the entire financial and insurance underpinning of the U.S. clean energy industry. OBBBA has accelerated deadlines, with projects now required to begin construction by July 4, 2026, or be in service by December 31, 2027, to qualify for credits. It has also removed the 5% cost-based safe harbor starting September 1, 2025,…

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