H.R. 1 - a boom for US manufacturing, setbacks for clean energy

25 August 2025

H.R. 1 delivers major tax benefits for US manufacturing, including permanent 100% bonus depreciation and expanded incentives for domestic R&D. However, the law repeals or phases down nearly all clean energy tax credits, introducing new restrictions and uncertainty for the clean energy sector. Learn more in this EY article.

Document ID: 2025-1751

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