WASHINGTON, D.C. — The under is a press release from Ray Lengthy, President and CEO of the American Council on Renewable Vitality (ACORE) on the reconciliation invoice textual content launched by the Home Methods and Means Committee:
“Vitality dominance means a safe, reasonably priced, dependable vitality provide that serves as the premise for our nationwide safety, technological management, and financial prosperity. Attaining it is a bipartisan aim. The Home Methods and Means Committee invoice, if handed, would hamper these targets. The U.S. must construct the equal of including 12 New York Cities of recent energy by 2030 to stay aggressive with China within the world AI race. Because of American innovation and a various mixture of vitality applied sciences, we’re on observe to satisfy the approaching demand.”
“ACORE’s newest report, “Tax Stability for Vitality Dominance,” reveals that present tax insurance policies have created a steady market atmosphere that unleashed $115 billion in new clear vitality technology, supported over 3.5 million jobs, and powered a file 170 million houses in 2024. Sustaining certainty across the present tax insurance policies will decrease vitality prices, shortly scale the construct out of dependable electrical energy, and allow of the usage of all applied sciences so we aren’t susceptible to counting on anybody type of technology or its underlying gas supply.”
“Sustaining the coverage construction that has enabled this progress in funding, manufacturing, jobs, and shopper financial savings will guarantee U.S. dominance over our rivals. We’re dedicated to working with Congress and the Trump administration to ship reasonably priced, dependable, and ample energy to American households and companies. Solely by partnering with your complete vitality business will policymakers drive financial progress, create jobs, and safe our nation’s vitality future.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Vitality (ACORE) has been the nation’s main voice on the problems most important to wash vitality growth. ACORE unites finance, coverage, and expertise to speed up the transition to a clear vitality economic system. For extra data, please go to http://www.acore.org.
