1. Fox spent years falsely claiming that Inflation Reduction Act policies would make energy more expensive. In fact, repealing the IRA will raise energy prices.

Fox News figures claimed for years that the Inflation Reduction Act would increase energy costs. 

In reality, the IRA spurred major clean energy innovation and reduced energy costs for hundreds of thousands of families, with millions more likely to see reduced costs down the line. But despite the act’s success — especially in red states — key components of the IRA including clean energy tax credits now face repeal in Trump’s so-called “One Big Beautiful Bill Act.” And multiple studies say repealing the IRA’s clean energy tax credits would increase household energy costs. 

As The New York Times reported on June 4, “Repealing those credits could increase the average family’s energy bill by as much as $400 per year within a decade, according to several studies published this year.” 

The Times also noted that one study found that “repealing the clean electricity credits could cause power prices to surge more than 13 percent in states like Arizona, Kansas, New Jersey and North Carolina and lead to thousands of job losses nationwide by 2032.”  

None of Fox’s coverage of the clean energy tax credit rollbacks in Trump's tax package mentioned the expected energy cost increases.

2. Fox has long claimed clean energy policies will kill jobs. The network has been silent on the more than 800,000 energy jobs at risk in the “One Big Beautiful Bill.”

Job loss and creation have been central rallying cries on Fox News for more than a decade when it comes to the Keystone XL pipeline, the so-called “war on coal,” and candidate electability in the fracked-gas-producing state of Pennsylvania. 

Yet Fox failed to mention the more than 800,000 jobs threatened by the repeal of the clean energy tax credits in Trump’s “One Big Beautiful Bill Act.”

As reported by CNN: 

3. One of Fox’s so-called straight news program reported on AI radically increasing energy demand, but not tech companies urging Congress to preserve clean energy tax credits to meet that demand.

A June 19 segment on Fox News’ Special Report with Bret Baier highlighted how the data center boom could lead to increased energy costs for consumers due to the centers’ enormous energy demands. But the segment neglected to mention that Trump’s cuts to renewable energy tax credits — established in the Inflation Reduction Act — are making it harder to meet the growing demand for energy. 

Many tech companies building these data centers have advocated to preserve the tax credits that Trump’s “One Big Beautiful Bill” would eliminate. In June, the Data Center Coalition — members of which include Amazon Web Services, Google, Meta, and Microsoft — asked Senate Majority Leader John Thune to save the credits, at least for a little while. 

According to Politico, the group sent Thune a letter “asking him to extend the deadline for building new clean energy facilities with the subsidies.”

“The letter warned that energy constraints could hinder or delay the buildout of data centers vital to U.S. leadership in AI, and that the credits were important to being sure that new power got built,” Politico reported, “‘We urge you to take a pragmatic approach to ensure we can meet the energy needs of data centers at a pivotal moment for our industry and country,’ the letter reads.” 

Moreover, as Forbes reported:

4. While clean energy incentives get stripped away in the “Big Beautiful Bill,” Big Oil is getting a $1 billion tax break. Fox News ignored the “quid pro quo” that may have led to the deal.

In May of last year, The Washington Post published an exclusive story on a dinner at Mar-a-Lago in which then-candidate Donald Trump promised to reverse former President Joe Biden's actions on climate change as he seemed to ask Big Oil executives to fundraise $1 billion for his presidential campaign, assuring them they would be getting a “deal” due to the “taxation and regulation they would avoid thanks to him.” Reportedly, oil and gas executives did make “significant contributions to the Trump campaign.”

Over a four-day period, MSNBC was the only major TV network to cover the story, which All In host Chris Hayes described as “a political quid pro quo.”

Bloomberg reported on June 17 that the Senate version of Trump’s “One Big Beautiful Bill” now includes a tax break for the oil and gas industry “estimated to be worth more than $1 billion” — seemingly delivering on the “deal” Trump promised during the campaign on which Fox failed to report.