House Passes Harmful Tax Measure
WASHINGTON, D.C. – The House of Representatives passed a massive legislative package delivering tax cuts for billionaires. The measure would eliminate incentives for clean energy, electric vehicles, manufacturing, hydrogen, and more, while giving industry free rein over public lands.
The following is a statement from Christy Goldfuss, executive director of NRDC (Natural Resources Defense Council):
“In a bid to cut taxes for billionaires and provide a grab bag of goodies to Big Oil, the majority in the House took a sledgehammer to clean energy tax credits and to the protection of our public lands.
“These credits are delivering billions of dollars in new investments in homegrown American energy—investments that are creating jobs, lowering energy costs, and addressing the climate crisis that is fueling floods, fires and heat waves. At a time when electricity demand is skyrocketing, this is the exact opposite of what is needed—and what this administration has promised.
“This bill also contains the most dangerous attack on public lands and waters in a generation. It guts environmental safeguards, shuts out the public from decision making, and turns over millions of acres to drillers, miners, and loggers. It even would allow them to pay to get their project rubber-stamped. That’s not just wrong, it’s un-American.
“This vote is an appalling step in the wrong direction, but it’s not the end of the road. As the Senate considers its version of the tax package, lawmakers need to look at the businesses creating jobs in their states and deliver the stable investment environment they need to thrive.”
NRDC (Natural Resources Defense Council) is an international nonprofit environmental organization with more than 3 million members and online activists. Established in 1970, NRDC uses science, policy, law and people power to confront the climate crisis, protect public health and safeguard nature. NRDC has offices in New York City, Washington, D.C., Los Angeles, San Francisco, Chicago, Beijing and Delhi (an office of NRDC Indi\a Pvt. Ltd).