Congressional Democrats Pushing to Extend Clean Energy Tax Incentives
Dec 16, 2019
Senate Democrats have come together to encourage the chamber’s leadership to expand green energy tax incentives. A letter was issued last week, requesting that the Senate Finance Committee extend expired and expiring energy tax incentives and prioritize clean energy tax policies to promote the growth of green jobs and advance the nation towards national climate goals. The 22 Democrats who sent the letter include members of the Senate Finance Committee, which has jurisdiction over the issue.
The letter references draft legislation issued by the House Ways and Means Committee earlier in November. That legislation would include tax incentives for wind, energy storage technologies, building energy efficiency, electric vehicles, and solar energy, which are all listed as priorities in the Senate’s letter as well. Proponents of the clean energy tax extenders hope these policies will be included in a government funding package passed before the end of the year.
ASME will monitor the issue and report on any developments.