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House budget bill would repeal clean energy incentives

The Republican budget bill unveiled Wednesday would repeal recently established tax incentives for clean hydrogen and sustainable aviation fuel, among others.

A Republican-led bill introduced in the US House of Representatives would repeal clean energy incentives passed into law as part of the Inflation Reduction Act, according to the text of the bill.

The legislation, unveiled Wednesday by House Majority Leader Kevin McCarthy, would repeal credits for clean hydrogen, sustainable aviation fuel and clean fuel, advanced manufacturing, and clean electricity investment and production, among others.

“Congress should not waste time or energy on political messaging bills that do not advance the national interest,” said American Clean Power Association CEO Jason Grumet in response to the plan. “The American Clean Power Association is interested in working with Republicans and Democrats on permitting reform, energy security, and the real challenges facing the energy sector and our economy.”

The White House budget office also issued a statement in opposition to the bill, noting that it “would repeal tax credits from the Inflation Reduction Act that are leading to hundreds of billions of dollars in private sector investment in the United States and thousands of jobs.”

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