The One Big Beautiful Bill Act cuts almost $500 billion in US clean-energy spending, just as the country was starting to get serious about its climate goals. Some say the country is acting like a petrostate, waging war against clean energy. Others are more sanguine and believe that the US will stay the course in the long term. This week on Zero, Akshat Rathi is joined by Jigar Shah, a clean energy expert and former head of the Department of Energy's Loan Programs Office, to make sense of the bill’s impacts, and whether it’s as bad for climate as it seems.

Explore more:

• Trump’s Tax Bill: A Guide to the ‘Big Beautiful Bill’ Congress Passed - Bloomberg
• Who Won and Lost in Trump’s Tax Bill
• Jigar Shah to Start Firm Advising Green Startups After DOE Run - Bloomberg
• Mont Blanc Mountain Climbing Under Threat Amid Global Warming - Bloomberg

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Jessica  Beck, Eleanor Harrison-Dengate, Sommer Saadi, Mohsis Andam and Siobhan Wagner. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.