Geee Posted April 5, 2019 Share Posted April 5, 2019 Heritage Foundation More than 100 House Democrats are demanding legislation to extend billions of dollars worth of green tax subsidies to counteract the Trump administration’s energy agenda and to “prepare” the U.S. for global warming. “Simply put, investments in clean energy will help the U.S. reduce carbon pollution, prepare our communities for the damaging effects of rising sea levels, severe weather and catastrophic wildfires, all the while supporting innovation and job creation positioning the U.S. to lead in a global clean energy economy,” Democratic lawmakers, led by New York Rep. Paul Tonko, wrote in a letter to Massachusetts Rep. Richard Neal, chairman of the House Committee on Ways and Means. One of the letter’s signatories, Democratic Pennsylvania Rep. Mike Doyle, introduced legislation Thursday to extend investment tax credits to energy storage systems. Currently, energy storage only qualifies for tax subsidies when paired with a solar project. Democrats called for extending tax subsidies for green technologies—including wind turbines, solar panels, electric cars, energy efficiency, biofuels, and energy storage—in a bid to counteract the policies of the Trump administration. Link to comment Share on other sites More sharing options...
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