At the end of this year several tax incentives that advance clean energy, energy efficiency, and infrastructure technologies that reduce pollution and drive innovation will expire.
Failing to extend and modify these important credits now would cost jobs, slow innovation, and drive away investors who need a clear roadmap for the future. Most importantly, it would slow the urgently needed transition to carbon-free energy sources vital to protecting our children’s future.
Today, NRDC sent a letter to congressional leaders explaining our view on the importance of these credits and why Congress needs to extend and modify them before the end of the year. We hope they will heed our call.
The letter is below. For more information on the benefits of tax incentives for clean energy and the environment please read my colleague Elizabeth Noll’s excellent piece from earlier this year.