Coalition urges Congress to end costly green subsidies, citing economic harm

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Coalition urges Congress to end costly green subsidies, citing economic harm

A coalition of organizations is urging Congress to terminate the subsidies associated with the Inflation Reduction Act (IRA) and the elements of the Green New Deal it codified in policy. The coalition, including the John Locke Foundation’s Center for Food, Power, and Life, argues that these subsidies are counterproductive and impose undue financial burdens on taxpayers. The Inflation Reduction Act was passed by Congress in August 2022 and signed…

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Coalition To Congress: End “Inflation Reduction Act” “Green New Deal subsidies” Now

By CFACT | February 11, 2025Dear Members of Congress:In 2022, President Joe Biden and congressional Democrats pushed through one of the most extreme pieces of legislation in recent memory: the so-called Inflation Reduction Act (IRA). Not a single Republican in either the House or Senate supported this bill.The IRA was a reconciliation bill that helped the political left advance its Green New Deal. Now, because Republicans have control of both ch…

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Here, Here: CEI Urges Congress to End the Inflation Reduction Act’s Subsidies

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AEA Joins Coalition Urging Congress To End Inflation Reduction Act’s Subsidies

WASHINGTON DC (2/14/25) – This week the American Energy Alliance joined with over 50 free-market groups and organizations to urge Congress to scrap the Inflation Reduction Act’s (IRA) Green New Deal provisions. Our letter warns that IRA subsidies will push the U.S. away from reliable energy (natural gas, oil, and coal) toward unreliable sources (wind, solar), threatening grid stability and driving up costs. The coalition makes clear that these p…