This blog was authored by EDF economists Jeremy Proville, Luis Fernandez Intriago, and Aurora Barone.
As Congress returns to debate the future of clean energy tax incentives, sound economic analysis should drive decisions.
These incentives aren’t just climate policy; they represent strategic investments in America’s economic future, energy security, and global competitiveness. As Congress considers major changes to clean energy incentives, focusing on economic fundamentals reveals the substantial risks that come with repeal.
The Stakes
The debate over clean energy tax incentives comes at a pivotal moment for American economic competitiveness. U.S. electricity demand is surging and projected to increase 54% by 2035 and 135% by 2050, driven by new data centers, new manufacturing facilities in the US, and electrification of buildings, transportation and industry. This dramatic increase raises fundamental questions about how the US…
