Tax Cut Bill Favors Polluters over Clean Energy
WASHINGTON (Nov. 2, 2017) – House Republicans released plans today calling for major tax cuts that would sharply increase the federal deficit and target valuable clean energy incentives fostering job growth and innovation in the American marketplace.
The following is a statement from Ana Unruh Cohen, director of government affairs at the Natural Resources Defense Council:
“House Republican tax writers are bent on padding polluter profits, leaving us to pay the price. Their plan barely touches huge tax giveaways for fossil fuels. But it would zero-out cost-effective electric vehicle tax credits and weaken tax credits for wind and solar that are creating jobs, spurring innovation, meeting consumer demand and cleaning up the air. That’s reckless. Congress should put clean energy back in the driver’s seat, for the good of our communities, economy and future generations.”
A blog by Elizabeth Noll, legislative director, Energy & Transportation program at NRDC, on clean energy jobs versus tax cuts for the rich is here: https://www.nrdc.org/experts/elizabeth-noll/clean-energy-jobs-vs-tax-cuts-rich
A blog by Marc Boom, associate director of government affairs at NRDC, on how President Trump’s tax proposals would favor big polluters is here: https://www.nrdc.org/experts/marc-boom/trump-tax-plan-big-polluters-win-rest-us-lose
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.