Far from the front lines of the climate crisis, 100 men and women in air-conditioned offices, 61 of them millionaires, are making decisions that could increase United States carbon dioxide emissions, and the warming of the climate they are driving, for decades to come.
In the latest political wrangle over energy and climate policy, a group of Republican senators over the weekend added provisions to the U.S. federal budget bill that, as currently written, would end clean energy tax credits at the personal level and at utility scale and increase taxes on foreign-made parts for solar power equipment.
Ending federal subsidies for most renewable energy projects, including residential heat pumps, for example, would affect thousands of projects that are already in planning or development and jeopardize future investments in manufacturing renewable energy equipment.
Friday, June 27, hours before the Senate released the latest draft of the reconciliation bill just after midnight, U.S. Secretary of Energy Chris Wright claimed on the Department of Energy website that wind and solar are unreliable and that federal subsidies have made energy more expensive, although he did not cite any official reports or peer-reviewed studies to support that claim.
On the Department of Energy website, Wright wrote, “wind and solar brings us the worst of two worlds: less reliable energy delivery and higher electric bills …If sources are truly economically viable, let’s allow them to stand on their own,” he wrote, ignoring that the fossil fuel industry gets annual subsidies of about $20 billion annually, according to estimates by Oil Change International, a nonprofit watchdog group.
But hundreds of studies show that renewable energy is much less expensive and, in a well-planned grid, can make energy supplies more secure.
“The proposed GOP tax on wind and solar is a danger to the United States,” Mark Z. Jacobson, a Stanford University renewable energy researcher who has authored numerous studies on wind and solar power, wrote via email.
The new tax provisions “lock in death and illness to up to 100,000 Americans every year due to fossil-fuel and bioenergy-fuel air pollution that wind and solar help to eliminate,” he said.