As Pandemic Spreads, Democrats Prioritize Green Giveaways for Special Interests Over Citizens
House and Senate Democrats maneuver to slide unrelated renewable energy tax credits, green new deal policies into economic stimulus package meant to protect our health and the economy.
WASHINGTON DC (March 18, 2020) – Today, the American Energy Alliance (AEA) raised concerns about the ballooning $1.2 trillion stimulus package Congress is currently considering and what misguided proposals it may carry.
AEA pointed to reports that some House and Senate Democrats, environmental advocacy groups, and renewable energy industry lobbyists have revealed their intent to never let a serious crisis go to waste. Efforts are underway by members of the House Sustainable Energy and Environment Coalition and Democratic Senators Ed Markey and Sheldon Whitehouse to slip extensions for expired tax giveaways and green new deal policies into the current funding package meant to stabilize the economy and aid Americans suffering from coronavirus. In addition to the extension of the consumer tax credit for electric vehicles, additional measures sought include the extension of tax credits for wind, investment tax credits for solar and other clean technologies, and tax incentives for energy storage. Additionally, Sens. Markey and Whitehouse want to tie aid for airlines to green new deal emissions policies.
Thomas Pyle, President of AEA, issued this statement:
The renewable energy industry has a long history of taking advantage of a crisis. In the wake of the financial crises in 2009, the renewable energy industry lobbied hard for the introduction of new tax credits, most of which were eventually included in the 2009 stimulus bill.
Additional Resources:
- House Dems use Coronavirus to push Green Agenda
- AEA Launches Initiative to Stop Special Interest Tax Giveaways
- AEA Cautions Against Republican-led Green New Deal Lite
- Coalition to Senate Leaders: Put the Brakes on Electric Vehicle Subsidies
- Press Release: AEA Launches Initiative Calling on Republican Senators to End Welfare for Auto Manufacturers and Wealthy Coastal Elites
- Press Release: Voters to Congress: Make a U-Turn on Special Vehicle Preferences
- Free Market Coalition to Congress: No Electric Vehicle Tax Credit Expansion
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