Last week, four influential Republican senators—Sen. John Curtis (R-UT), Sen. Lisa Murkowski (R-AK), Sen. Thom Tillis (R-NC), and Sen. Jerry Moran (R-KS)— sent a compelling letter to Senate Majority Leader John Thune (R-SD), expressing their support “for maintaining a stable and predictable tax framework in the interest of promoting domestic energy development.” The crux of the message was that maintaining clean energy tax credits is essential for creating American jobs and boosting American manufacturing and energy independence.
For conservative Americans concerned about economic stability and growth around clean energy, these tax credits deliver tangible benefits:
- Lower utility bills for families, especially in rural and remote communities
- Investment dollars flowing to local communities
- New manufacturing jobs as companies build facilities on American soil
- Energy security through diverse, domestic power sources
- Reduced foreign dependence by producing more energy here at home
The senators added that these tax credits are central to an approach that Republicans have long championed, “The United States produces some of the cleanest and most efficient energy in the world, and an all-of-the-above approach—including support for traditional and renewable energy sources—has long been a hallmark of our energy strategy.”
The tax credits also contribute to the current administration’s larger economic and energy goals and are essential for continued American strength and prosperity. At a time when other countries are ramping up their clean energy production, these tax credits help ensure America remains ahead.
The senators urged a targeted approach that attracts future investment. “As the Trump Administration continues its efforts to restore manufacturing and secure supply chains, maintaining a reliable energy tax environment is essential to attracting long-term investment,” they wrote. Heather Reams, President of Citizens for Responsible Energy Solutions (CRES), praised the senators’ stance: “Nationwide, these tax credits continue to build upon President Trump’s goal of achieving energy dominance, all while creating new, high-paying jobs reigniting communities across the country.”
The senators also emphasized the importance of maintaining stability for businesses already relying on these credits. America has seen significant investment flow into the energy and manufacturing sectors, largely because of the current tax provisions. The senators argued, “Many American companies have made substantial investments in domestic energy production and infrastructure based on the current energy tax framework. A wholesale repeal, or the termination of certain individual credits, would create uncertainty, jeopardizing capital allocation, long-term project planning, and job creation in the energy sector and across our broader economy.” As the country works to bring back domestic manufacturing and reshore supply chains, the Republican legislators pointed out that eliminating these incentives might undermine national objectives and slow economic progress and job creation.
Senators Curtis, Murkowski, Tillis, and Moran also highlighted the effect a repeal could have on constituents nationwide. They claim that because these credits provide a “direct passthrough benefit” to ratepayers, repealing them “would translate into immediate utility bill increases, placing additional strain on hard-working Americans,” thereby “worsening the economic pressures that American households and businesses already face.”
The senators contrast two alternative realities. In one, a repeal would provide “significant disruptions for the American people and weaken our position as a global energy leader.” In the other, the country will “support smart policies that enable private sector investment in domestic energy to help meet future U.S. energy needs and strengthen the global competitiveness of American companies.” For conservative Americans concerned about economic growth, job creation, and energy leadership, these clean energy tax incentives represent exactly the kind of smart policy that puts America first—today and for generations to come.
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