House and Senate Democrats cave, acknowledging unrelated renewable energy tax credits won’t stimulate the economy
WASHINGTON DC (March 25, 2020) – The American Energy Alliance (AEA) released the following statement after an announced deal between House and Senate leaders on a $2 trillion legislative package meant to protect our health and the economy as the nation navigates the COVID-19 pandemic. President Trump is expected to sign the soon-to-be-passed legislation.
Previous negotiations fell apart when Democratic leaders Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, green advocacy groups, and renewable energy industry lobbyists attempted to insert unrelated and unnecessary tax extensions for electric vehicles, tax credits for wind, investment tax credits for solar and other clean technologies, and emission restrictions for distressed airlines.
Thomas Pyle, President of AEA, issued this statement:
“Three full days of dithering for a Green New Deal unnecessarily delayed the financial relief that American families and businesses so desperately need as we fight the coronavirus.”
“It is downright shameful that the Democratic Leadership put the priorities of the greens and the renewable lobby in front of health care providers, small business owners, and American families by holding up the relief bill in a failed effort to advance their unpopular progressive agenda.”
“The irony of holding up the economic relief package to push for a Green New Deal is not lost on American families. By design, the Green New Deal would eliminate or make prohibitively expensive the fuels vital to our economy and the products that we rely on for everyday living.”
“We commend Senate Majority Leader Mitch McConnell and President Trump for standing up for American families and businesses by refusing to let Speaker Pelosi hold the economic relief package hostage in exchange for an outrageous and harmful progressive wishlist.”
Additional Resources:
- Pyle: With U.S. economy tanking, Democrats push to extend electric vehicle giveaway in stimulus bill
- 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: Voters to Congress: Make a U-Turn on Special Vehicle Preferences
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