House Bill Repeals Clean Energy Policy, Threatening $73 Billion in Southeast Investment

The major Republican bill passed this morning by the U.S. House of Representatives guts clean energy tax credits, threatening Southeast jobs, raising energy costs, and reversing climate progress — putting over $73 billion in regional investment and U.S. competitiveness at risk.

Dr. Stephen A. Smith, Southern Alliance for Clean Energy Executive Director, said, “This version of the House bill is the worst case scenario for clean energy growth, environmental and human health protections, and United States competitiveness in the 21st century, with devastating impacts on middle class consumers. Worst of all, citizens across the Southeast will be hit hardest as this version of the bill destroys multiple growth industries in our region, including battery manufacturing, electric vehicles production, and renewable energy manufacturing and supply chain industries. 

“The bill runs counter to the administration’s stated goals of expanding energy production by undercutting the fastest-growing energy resources – solar, wind, and battery storage – while unrealistically expecting fossil fuels like coal and methane to meet all expanding load growth. It forces consumers to pay more for energy by destroying the energy efficiency tax credits and slowing the adoption of electric vehicles. Collectively, it cedes the technology playing field to China for advanced automobiles and clean energy while completely ignoring the science of climate disruption gripping our planet today.”

Learn more by reading the SACE article here.

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About the Southern Alliance for Clean Energy
Since 1985, the Southern Alliance for Clean Energy has worked to promote responsible and equitable energy choices to ensure clean, safe and healthy communities throughout the Southeast. Learn more at www.cleanenergy.org.