- GOP Split on Competing with China: Some Republicans support clean energy tax credits to help the U.S. outcompete China and grow domestic energy manufacturing, while others see the effort as futile due to China’s entrenched subsidies, forced labor, and IP theft.
- Reconciliation Bill: House Republicans are divided over clean energy tax credits in the reconciliation bill, with some pushing to restrict or eliminate them and others seeking to preserve incentives tied to U.S.-based manufacturing.
- C3 Take: Rather than picking winners through specific energy tax credits, Congress should promote immediate full expensing to level the playing field, spur private investment, and advance U.S. energy innovation without relying on subsidies and distorting the market. A new report from C3 Solutions and the Abundance Institute delves into this issue (you can read the report here).
Read the article in Politico here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
