House Should Meet its Climate Commitment with Key Clean Energy Tax Credits
WASHINGTON – The House Ways and Means Committee today is marking up a bill to extend tax credits that omits essential climate and clean energy priorities. It fails to update and extend credits for clean energy technologies like electric vehicles, offshore wind, and energy storage. Moreover, the energy efficiency tax credits the bill includes for commercial buildings and new homes are outdated and would need to be modified to be effective.
The following is a statement from John Bowman, managing director of Government Affairs for the Natural Resources Defense Council:
“‘Climate Action Now’ means now, not later. We are very concerned that by failing to include these key credits the House will miss an opportunity to take meaningful action on climate change this congress.”
“If the House is serious about reducing climate emissions right away, it needs to include these top clean energy priorities into the current legislation. Clean energy technology tax credits are building blocks of serious climate action. A tax extender package appears to have a realistic chance of passing both houses of Congress this year, and Chairman Neal should heed the advice of 110 members who’ve urged him to prioritize these key clean energy items.”
For more on clean energy tax extenders priorities, see:
- NRDC Comment to House Ways and Means Committee on Clean Energy Tax Extenders Priorities (March 26, 2019)
- NRDC blogs:
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The Natural Resources Defense Council (NRDC) is an international nonprofit environmental organization with more than 3 million members and online activists. Since 1970, our lawyers, scientists, and other environmental specialists have worked to protect the world's natural resources, public health, and the environment. NRDC has offices in New York City, Washington, D.C., Los Angeles, San Francisco, Chicago, Bozeman, MT, and Beijing. Visit us at www.nrdc.org and follow us on Twitter @NRDC.