Livelihoods Of 255,000 American Families In Solar & Storage Industry Under Attack By House Republicans' Proposal - CleanTechnica

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Livelihoods Of 255,000 American Families In Solar & Storage Industry Under Attack By House Republicans’ Proposal

America’s clean energy industry is under attack, and for all the wrong reasons.

At the same time, as part of a debt ceiling debate the Republican controlled House is proposing to repeal clean energy provisions in the historic Inflation Reduction Act . Playing games with the debt limit has very real consequences for businesses, workers and the entire economy. The IRA is expected to create an additional 200,000 jobs and $600 billion in private investment in the solar industry alone over the next decade. Companies need to trust that the policy landscape will remain stable in order to put forward this level of capital, and it’s up to responsible lawmakers to ensure that certainty remains.

If Congress votes to reverse the solar tariff pause, the bridge we’re building to more solar manufacturing will collapse. And if lawmakers repeal or roll back significant parts of the IRA, it will blow up the single most effective policy we have to drive domestic manufacturing, right when we need these investments the most.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines