Washington, D.C.– In response to the Department of the Treasury announcing the final rule implementing the tech-neutral clean energy tax credits, the League of Conservation Voters released the following statement from Vice President of Federal Policy, Matthew Davis:
“This final rule implementing technology-neutral clean energy tax incentives will continue to drive job growth, keep energy bills down for families, and provide big economic investments to our communities. An analysis released this week by Aurora Energy Research found that removing these clean energy tax credits would not only result in job loss and cancelled projects, but also would increase families’ energy bills – by a whopping $468 in New York and $348 in Texas in 2040. The stability and certainty provided by this final rule are critical for the workers, businesses, and investors building our clean energy economy – a flourishing, inclusive economy that creates jobs, swiftly delivers needed electricity, protects our environment, and lowers costs for our families and communities.”
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