US EditionGreen energy credits phaseout divides Senate Republicans
- Senate Republicans are divided over phasing out renewable energy tax credits, with some seeking deeper cuts and others concerned about job losses and economic impacts.
- Senator Ron Johnson emphasized that all fiscal hawks must agree on proposed changes, stating, "All three of us have to be yes or none of us are yes."
- Some Republican senators, including Lisa Murkowski, oppose full repeal, arguing it would cause uncertainty in energy investments and job creation.
- The Senate's new tax bill maintains credits for nuclear, hydropower, and geothermal energy, but it disappoints those wanting more aggressive changes to energy policies.
8 Articles
8 Articles
Clean energy tax credits help build a brighter, more affordable future for Alaska
Wooded area next to south Anchorage Chugach Electric station is slated to be the site of the utility's first community solar farm. Seen on Aug. 13, 2024. (Photo by Yereth Rosen/Alaska Beacon)Alaskans understand how much energy matters. It’s not just about turning on the lights or plugging in a phone, it’s about staying warm through the long, dark winters. It’s about making sure a remote community hundreds of miles from the road system has access…
The Daily Caller
Conservative ReviewSenate Republicans Lobbying For Green Energy Tax Credits Raked In Donations From Industry
Phasing out Biden-era green energy tax credits is dividing Senate Republicans as they push their latest version of the “big, beautiful bill.”
Senate Puts Trump's July 4 Megabill Deadline in Jeopardy
Sen. Ron Johnson and the others are threatening to hold up the one, big, beautiful bill unless there are deeper cuts to federal Medicaid spending and a faster rollback of renewable energy tax credits enacted under former President Joe Biden.
Clean Energy Projects Hinge on Senate Megabill
“Democrats and clean energy advocates are ratcheting up pressure on a handful of Republican senators to salvage billions of dollars in projects, ahead of an expected vote next week on President Trump’s megabill that targets critical subsidies for elimination,” the Wall Street Journal reports. “How fast to wind down clean-energy credits is one of several contentious pieces of the tax-and-spending legislation, along with reductions in Medicaid spe…
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