Restoring Energy Market Freedom Act

Specifically, the bill repeals the

renewable electricity production tax credit (for electricity using wind, solar, or other specific types of renewable energy produced by a qualified facility for which construction began before 2025);

clean electricity production tax credit (for electricity produced using a qualified facility that has no greenhouse gas emissions and was placed into service in 2025 or after);

advanced nuclear production tax credit (for electricity produced and sold by a qualified nuclear power facility placed into service before 2021);

zero-emission nuclear power production tax credit (for electricity produced and sold by a qualified nuclear power facility between 2024 and 2032);

carbon sequestration tax credit (for the capture and sequestration of carbon oxide);

clean hydrogen production tax credit (for clean hydrogen produced at a qualified clean production facility);

advanced manufacturing production tax credit (for the production and sale of qualified components, including solar and wind energy components);

energy investment tax credit (for investments in certain qualified energy property placed into service before 2025);

clean electricity investment credit (for investments in qualified energy property placed into service in 2025 or after);

qualifying advance coal project tax credit (for investments in qualifying advanced coal projects),

clean coal investment tax credit (for investments in qualifying gasification projects);

advanced energy project tax credit (for investments in qualifying advanced energy projects); and

advanced manufacturing investment tax credit (for investments in semiconductor or semiconductor manufacturing equipment).