Congressional Clarity Surfaces as Green New Deal Giveaways Cut from COVID-19 Stimulus Deal
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:
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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