Published By: Dec.6,2017 EDF Action 1875 Connecticut Ave. NW, Suite 600, Washington, DC 20009 | 800.684.3322
There are barely discussed dangers lurking in the tax bill that deal devastating blows to our country’s booming clean energy economy.
We can’t let this stand. Take action today, and tell your Senators that the final House-Senate tax bill cannot include any assaults on clean energy.
The Senate version that passed in a frenzied vote early Saturday morning includes a “poison pill” that threatens to derail one of America’s fastest growing sectors by decimating clean energy investment in the United States. This provision essentially ends the tax benefits gained by investors in clean energy—killing what has been a primary driver of the industry’s growth for decades.
The House version doesn’t do any better. It takes aim at incentives that have catalyzed wind energy investments, meaning wind developers in the middle of projects and counting on those credits will have the rug pulled out from under them. They will have to pay the costs themselves or abandon their projects.
In the meantime, both versions of the bill keep billions of dollars of oil and gas subsidies in place.
In short: This new legislation puts over $12 billion in clean energy investment at risk—without applying the same rules to the fossil fuel industry.
But we still have a chance to stop it. The House & Senate versions still need to be reconciled before a final version gets one last vote.
Speak out before it’s too late: Tell Congress that you won’t stand for any tax bill that undermines America’s booming clean energy economy.
Thank you for standing with us,
Action Network Manager