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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Quick takeaways
- Four Republican senators are advocating for clean energy tax credits, highlighting internal party conflicts over President Trump's domestic agenda and budget priorities.
- The continued support for these credits is crucial for renewable energy sectors and could impact future energy prices and innovation in technologies like carbon capture.
Deep dives
Republican Senators Rally for Clean Energy Tax Credits
A significant development is unfolding among Republican lawmakers as four senators have publicly defended the clean energy tax credits within the Inflation Reduction Act. Senators Lisa Murkowski, John Curtis, Tom Tillis, and Jerry Moran are advocating for these credits despite some party leaders considering cuts to support President Trump's domestic agenda. Their defense highlights the potential consequences of repealing these credits, such as increased electricity costs and the stifling of manufacturing growth. This position could lead to internal party conflicts that might jeopardize the president's policy goals, affecting both renewable projects and business certainty.
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