The Big and Beautiful Act could destroy the American clean energy industry or lead to the abandonment of 72% of clean energy projects in the United States.

On the 4th local time, US President Trump officially signed the "Bigger and Better" bill. In this tax and spending bill in the United States, wind and solar energy projects put into use after 2027 will not be eligible for tax credits. Some industry groups have expressed concern that this move could "destroy" the US clean energy industry. The US think tank Rongding Consulting issued a warning before the new law was passed, stating that if the bill is ultimately passed, up to 72% of wind and solar projects planned to be built in the next ten years in the US may face failure, shaking the foundation of US participation in the global new energy competition.