House GOP moves to slash renewable energy tax breaks

https://www.theverge.com/news/672787/house-republican-spending-bill-tax-credits-renewable-energy

by Advanced_Drink_8536

7 comments

  2. Thanks for sharing this! Here’s a bit from the article:

    House Republicans advanced a sweeping spending package that would roll back Biden-era tax credits for renewable energy projects. If the bill passes the Senate and makes it to President Donald Trump’s desk to sign, it could deal a serious blow to renewables, new nuclear technologies, and clean energy manufacturing across the US.

    The rollbacks would undo much of the 2022 Inflation Reduction Act (IRA), which Democrats touted as the biggest investment in climate and clean energy initiatives. Losing these tax credits would slow efforts to build out enough new energy sources to meet rising electricity demand, as well as previous commitments the US has made on the international stage to help stop the climate crisis.

    Read more: [https://www.theverge.com/news/672787/house-republican-spending-bill-tax-credits-renewable-energy](https://www.theverge.com/news/672787/house-republican-spending-bill-tax-credits-renewable-energy)

  4. so much for energy abundance in america.

    backwards to coal and gas we go 

  5. Once we make it back to the 1800s, I guess we’ll eventually be using steam power again.

  6. Going backwards isn’t the worst of it. The expansion of fossil fuel use will do nothing to combat pollution, airborne carcinogens and needlessly accelerate climate damage.

  7. In reality Americans will pay more for energy, since if you are not installing renewables today you are subsidizing more expensive fossil fuels… stupid all around

Comments are closed.