Renewable Energy Enjoys Broad Support Across All Political Groups
A recent survey finds broad support across all political parties for clean energy, but the Trump maladministration is excluding the industry from economic stimulus packages.
A recent survey finds broad support across all political parties for clean energy, but the Trump maladministration is excluding the industry from economic stimulus packages.
A broad coalition of energy trade and advocacy organizations filed a letter to the US Senate and House leaderships this week, urging them to modify the tax code to include energy storage as an eligible technology for the country’s Investment Tax Credit, or ITC.
Just before 2am on Saturday morning, Senate Republicans passed their $1.5 trillion Tax Cuts and Jobs Act, a hastily written and hurried bill that will affect Americans all across the country and end up increasing the country’s deficit by $1 trillion, while under the radar the bill will also threaten the country’s renewable energy industry.
With the Senate Republican tax bill racing towards a contentious vote despite numerous obstacles, a group of American energy trade bodies have penned an open letter raising urgent concerns that claim a provision, if it remains as-written, would have dire impacts on the country’s renewable energy industry.