POLITICO Energy Republican support grows for keeping the IRA green credits
Apr 11, 2025
In this engaging discussion, energy reporter Josh Siegel reveals that a faction of Senate Republicans is backing the clean energy tax credits in the Inflation Reduction Act. This mounting support could spark a significant intra-party conflict as the GOP grapples with Donald Trump's domestic agenda. Siegel outlines the economic stakes, warning that repealing these incentives may hurt electricity prices and climate leadership. He also highlights the ongoing political negotiations shaping the future of green credits.
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Growing GOP Support for Clean Credits
- Four Republican senators joined 21 House Republicans in defending clean energy tax credits from the Inflation Reduction Act (IRA).
- This signals a potential intra-party conflict over President Trump's agenda due to the growing GOP support for these credits.
Why Senators Defend IRA Credits
- Senators defend IRA credits for supporting various technologies like wind, solar, and carbon capture.
- They warn repealing credits risks higher electricity costs and jeopardizes energy goals including manufacturing stimulation.
Senators' Strategic Political Positioning
- Senators avoid publicly drawing red lines now to retain negotiation leverage on IRA credits.
- They aim to signal their position to leadership without directly threatening to block reconciliation bills yet.