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1 day ago

US Clean Energy Leaders Warn Senate Bill Threatens Industry Growth

Leading voices in the US clean energy sector have sharply criticised a reconciliation bill passed by the US Senate, warning it could have serious consequences for energy affordability, job creation, and American industrial competitiveness.

 

The American Clean Power Association (ACP) called the legislation “a step backward for American energy policy”, cautioning that the bill’s clean energy provisions—particularly the twelve-month phaseout of tax incentives—will slow progress at a critical time.

Jason Grumet, ACP CEO, said:
“Undermining the fastest-growing sources of electric power will lead to increased energy bills, decreased grid reliability, and the loss of hundreds of thousands of jobs.”
“We can’t afford to pick winners and losers when it comes to reliable, American-made energy. We need all of it—and we need it fast.”

While the bill avoids retroactive tax changes and surprise hikes targeting wind and solar, clean power advocates argue the short runway for incentives is “very aggressive” and out of step with market and climate needs.

 

Domestic Manufacturing and Global Competitiveness at Risk

The Oceantic Network, which represents engineers, welders, mariners, and factory workers in 40 states, also criticised the legislation for limiting manufacturing tax credits and failing to provide strong support for domestic clean energy production.

Liz Burdock, Oceantic Network CEO, stated:
“Limiting clean energy and manufacturing tax credits only compounds our national energy crisis, slowing development and ceding innovation leadership to China.”
“The Senate promised a course-correction but instead accepted a bill that still hampers needed energy generation, depresses job creation, and raises electricity prices.”

Both ACP and Oceantic are now urging the House of Representatives to improve the bill before it advances to final passage, warning that the stakes are high for American energy independence and global leadership in clean technology.