POLITICO Energy How far will the Senate go to save the clean energy tax credits
Jun 4, 2025
Tension brews as the Senate grapples with clean energy tax credits following a controversial House bill. The conversation delves into the concerns of moderate Republicans regarding the abrupt repeal of these incentives. It highlights the divided strategies for established versus emerging energy technologies. Insights emerge about the Senate's dynamics, reflecting apprehensions from the wind and solar industries as Republicans show favor for baseload energy. Additionally, the nomination of Laura Swett to the Federal Energy Regulatory Commission adds another layer to the discussion.
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Senate Moderates House Repeal
- The Senate is likely to moderate House Republicans' repeal of clean energy tax credits in the IRA.
- Moderate senators oppose wholesale repeal, expecting amendments to timelines and scope.
Senate May Extend Timelines
- Senate will likely extend timelines for tax credit phaseouts to avoid abrupt cliffs.
- The House's abrupt phaseout was criticized as unworkable by industry and senators.
Foreign Entity Restrictions Softened
- Senate may soften foreign entity restrictions related to Chinese supply chains to be more workable.
- Republicans want to reduce reliance on China but details on enforcement vary.