Articles tagged with "energy-investment"
Republicans in House Who Don't Want Clean Energy Tax Credits Cut Look to Senators to Save Them - CleanTechnica
The article discusses the political dynamics surrounding clean energy and electric vehicle tax credits established by the Inflation Reduction Act of 2022. Although these incentives disproportionately benefit districts represented by Republican lawmakers, many Republicans initially voted to cut these tax credits to align with party and oil and gas industry interests. However, 13 Republican House members from vulnerable districts, led by Rep. Jen Kiggans (R-VA), have recently expressed strong concerns about provisions that would phase down these incentives and impose strict new supply chain requirements, warning that such measures could threaten billions in investments and thousands of jobs. These lawmakers have appealed to Senate leaders, urging them to restore the tax credits in the final bill to support U.S. energy producers, manufacturers, and workers, emphasizing the need for a "pro-energy growth" approach that balances taxpayer protection with economic opportunity. Notably, while tax credits for renewables face cuts, incentives for nuclear power and biofuels remain intact, reflecting political preferences that may not align with maximizing competitiveness against
energyclean-energytax-creditsrenewable-energyInflation-Reduction-Actenergy-policyenergy-investmentSolar Power Has Surged in “Trump States” in 2020s
energysolar-powerrenewable-energyclean-energysolar-capacityenergy-policyenergy-investmentPhát triển Cơ chế hỗ trợ giá FIT cho năng lượng tái tạo Việt Nam Lịch sử thành tựu thách thức
energyrenewable-energyfeed-in-tariffsolar-powerwind-energyVietnam-energy-policyenergy-investment