More than 100 House Democrats are demanding legislation to extend billions of dollars worth of green tax subsidies to counteract the Trump administration's energy agenda and to "Prepare" the U.S. for global warming.
Democrats called for extending tax subsidies for green technologies-including wind turbines, solar panels, electric cars, energy efficiency, biofuels, and energy storage-in a bid to counteract the policies of the Trump administration.
"Simply put, investments in clean energy will help the U.S. reduce carbon pollution, prepare our communities for the damaging effects of rising sea levels, severe weather and catastrophic wildfires, all the while supporting innovation and job creation positioning the U.S. to lead in a global clean energy economy," Democratic lawmakers, led by New York Rep. Paul Tonko, wrote in a letter to Massachusetts Rep. Richard Neal, chairman of the House Committee on Ways and Means.
Currently, energy storage only qualifies for tax subsidies when paired with a solar project.
The letter was welcomed by green energy interests that stand to benefit from long-term tax subsidies.
The American Wind Energy Association hailed Doyle's bill to extend subsidies to energy storage, which experts say is necessary to make renewables more reliable.
"SEIA is pleased to see such strong support for clean energy priorities as laid out in this letter to Chairman Neal," said Erin Duncan, the vice president of congressional affairs at the Solar Energy Industries Association.
https://www.dailysignal.com/2019/04/05/over-100-house-democrats-demand-extending-billions-worth-of-green-energy-subsidies/
Democrats called for extending tax subsidies for green technologies-including wind turbines, solar panels, electric cars, energy efficiency, biofuels, and energy storage-in a bid to counteract the policies of the Trump administration.
"Simply put, investments in clean energy will help the U.S. reduce carbon pollution, prepare our communities for the damaging effects of rising sea levels, severe weather and catastrophic wildfires, all the while supporting innovation and job creation positioning the U.S. to lead in a global clean energy economy," Democratic lawmakers, led by New York Rep. Paul Tonko, wrote in a letter to Massachusetts Rep. Richard Neal, chairman of the House Committee on Ways and Means.
Currently, energy storage only qualifies for tax subsidies when paired with a solar project.
The letter was welcomed by green energy interests that stand to benefit from long-term tax subsidies.
The American Wind Energy Association hailed Doyle's bill to extend subsidies to energy storage, which experts say is necessary to make renewables more reliable.
"SEIA is pleased to see such strong support for clean energy priorities as laid out in this letter to Chairman Neal," said Erin Duncan, the vice president of congressional affairs at the Solar Energy Industries Association.
https://www.dailysignal.com/2019/04/05/over-100-house-democrats-demand-extending-billions-worth-of-green-energy-subsidies/
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