House GOP’s Reconciliation Bill Cuts Clean Energy Tax Incentives, Threatening Hundreds of Thousands of Jobs and Raising Energy Costs Nationwide
WASHINGTON, DC – The U.S. House of Representatives Republicans passed today a sweeping reconciliation bill that threatens to gut federal clean energy growth policies in America. The new bill effectively repeals federal clean energy tax credits and key incentives for electric vehicles, energy efficiency, and renewable energy projects across the nation. This legislation, part of President Trump’s “One Big Beautiful Bill”, is poised to halt the U.S. clean energy boom spurred by the Inflation Reduction Act of 2022, which was on target to create up to 700,000 jobs and lower energy costs for millions of Americans by 2030.
By investing in cheaper, cleaner, and more reliable energy, American consumers were poised to realize enormous benefits for years to come. But instead, independent analyses project the new Republican legislation could slash clean energy job growth and increase household energy costs by $32 billion over the next decade. This shift in policy means Congress is choosing to support more expensive and polluting fossil fuels over helping American families and businesses.
“The fossil fuel industry is smiling all the way to the bank with the passage of the so-called ‘One Big Beautiful Bill’; meanwhile, the American people will pay higher prices for dirtier and less reliable energy,” said Quentin Scott, Federal Policy Director for the Chesapeake Climate Action Network (CCAN) Action Fund. “The House reconciliation package is a betrayal of the American people. Last November, we were promised lower energy bills, more jobs, and healthier communities, but in one bill, they managed to undo progress in all three categories. We now call on the Republican-controlled Senate to reject the House bill and restore the economic opportunities the clean energy tax credits provided to the states and districts they represent.”
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Chesapeake Climate Action Network (CCAN) Action Fund is dedicated to driving change in public policies at the local, state, and national levels to address the climate crisis. Through voter education, lobbying, and participation in the electoral process, we seek to advance our country’s leadership in the global movement toward clean energy solutions, focusing our efforts primarily in Maryland, Virginia, and Washington, DC. We know that a vibrant democracy is central to our success, so we work to defend democratic integrity wherever we can.
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