So Cute!! 21 GQP House Members Sign Letter Calling For "Restraint" In Destroying Clean Energy Tax Incentives
Colorado sends four Democrats and four Republicans to the U.S. House of Representatives. Of them, Jeff Hurd, a Republican from Grand Junction, and Gabe Evans, a Republican from Fort Lupton, will be the most interesting to watch during the next two years. These two representatives, both new to Congress in January, were among 21 Republican signatories in the House to a letter calling for restraint in efforts to gut the Inflation Reduction Act.
The letter expresses concern about “disruptive changes to our nation’s energy tax structure.” The New York Times and Utility Dive both interpreted the language as a reference to the IRA, the landmark climate legislation adopted in August 2022. President Donald Trump, the Times notes, often talks about repealing the law. Atlas Public Policy, a research firm, reported in February that 80% of funds authorized by the law have gone to Congressional districts represented by Republicans.
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That “all-of-the-above energy approach” was a key element of the letter signed by Evans and Hurd. Combined with a robust advanced manufacturing sector, the approach “will support the United States’ position as a global energy leader,” the letter said. “Both our constituencies and the energy industry alike remain concerned about disruptive changes to our nation’s energy tax structure.”
Tax credits adopted over the last decade “allowed energy developers to plan with these tax incentives in mind. These timelines have been relied upon when it comes to capital allocation, planning, and project commitments, all of which would be jeopardized by premature credit phase outs or additional restrictive mechanisms such as limiting transferability.” The Evans all-of-the-above tour was arranged by a former Republican state senator, Greg Brophy. Brophy grows watermelons north of Wray and operates an organization called The Western Way. Brophy has been a strong supporter of renewable energy for eastern Colorado and also has a presence on the Western Slope.
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https://www.durangoherald.com/articles/two-republicans-sign-letter-calling-for-restraint-in-gutting-of-climate-legislation/