Wyden Blasts Republican “Death Sentence” for American Clean Energy, Warns of Imminent Utility Bill Hike
Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the energy tax policy changes Republicans proposed in the latest version of their reconciliation bill:
“In the middle of the night, just hours before we’re supposed to vote on this megabill, Republicans released changes that amount to a death sentence for America’s wind and solar industries and an inevitable hike in utility bills. Their plan started out as a phase-down of the tax credits I wrote for wind and solar, but now they’re proposing an outright massacre with punishing new taxes on these industries that happen to be the cheapest and easiest ways to get new energy on the grid.
“If this becomes law, it will be a shocking act of economic self-sabotage. Not only will hundreds of thousands of Americans who work in clean energy lose their jobs right away, individual families and businesses of all sizes nationwide will get clobbered with higher utility bills.
“It’s clear that American energy dominance is just a cheap campaign slogan to Trump and Republicans. The reality is, they’re surrendering clean energy to China and risking a devastating energy crisis in this country, and they’re doing it to scrounge up more cash for their handouts to wealthy donors and big corporations.”
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