A CRITICAL MOMENT FOR CLEAN ENERGY

Congress is back in session, and for the next three weeks, budget reconciliation will be the name of the game. The Republican Party aims to cut trillions in government spending to continue tax cuts for the wealthy and other GOP priorities.

Generally, any bill needs a simple majority to pass in the House and 60 votes to pass in the Senate. But with the current 53-47 split, Congressional Republicans need to use budget reconciliation to get their plans enacted.

Without going into too many details (though we recommend this helpful NPR explainer if you want to learn more), the budget reconciliation process allows the majority party to circumvent that 60-vote minimum in the Senate. All the House and Senate need to do is agree on a budget resolution, and the bill can pass with a simple majority in both chambers.

Should be easy, right? Well…

House and Senate Republicans are far from united. Their current budget resolutions conflict with the 2017 tax cuts, Medicaid spending, and a host of other priorities.

And that’s not where the disagreements end.

A little over two weeks ago, 21 House Republicans sent a letter to the Chair of the House Ways and Means Committee in support of keeping the Inflation Reduction Act’s clean energy tax credits in place. The letter argues what several new reports recently confirmed: repealing the credits outright would increase energy and electricity costs for American families.

This group’s public support of the credits is a testament to the IRA’s bipartisan success. In the less than two and a half years since its passage, it has brought over 400,000 clean energy jobs and $422 billion to communities across the United States, more than 215,000 and $200 billion of which have gone to Republican-led districts.

The companies that have adjusted their operations around these incentives aren’t backing down either. The Edison Electric Institute brought 40 companies to Congress to show their support for the tax credits, and nonprofit Ceres brought another 80.

With their narrow House majority, Republicans need every vote they can get—and that just might be what saves the clean energy tax credits in the end. The House Budget Chair has already started to lean toward altering the credits or phasing them out over time rather than axing them outright.

And if there’s one more bright spot in all of this, it’s that there just isn’t that much climate funding that can be clawed back from the IRA for the purposes of reconciliation. And that’s all thanks to the Biden Administration working to get as much of it as possible out the door before leaving office.

These glimmers of hope are just what the doctor ordered. Let’s take advantage of the opportunity and give our federal representatives the push they need to make the best choice for our country and the climate!