U.S. Clean Energy Sector Welcomes $3.5 Trillion Budget Deal

By District Energy posted 08-27-2021 07:32

  

Energy Central

Summary

U.S. clean energy associations hailed the House’s vote on Tuesday to approve a budget resolution to advance the $3.5 trillion Congressional budget deal, which has earmarked resources to accelerate the energy transition and boost U.S. clean energy manufacturing and transportation.

The U.S. House of Representatives approved in a party-line 220-212 vote the budget resolution on Tuesday, paving the way for Democrats to advance the social and clean energy agenda of President Joe Biden.

The vote in the House of Representatives allowed them to consider my Build Back Better agenda and provide clean energy tax credits, among many other healthcare, Medicare, and child care proposals, President Biden said.

Environmental programs, incentives for more clean energy, tax breaks for families, and more resources for education and healthcare are part of the budget resolution.

Commenting on the U.S. House approving the budget resolution, Gregory Wetstone, President and CEO of the American Council on Renewable Energy, said in a statement:

“Today’s House vote to pass the FY22 Budget Resolution sets the stage for Congress to finally take decisive action on the climate crisis. A stable, long-term, full-value clean energy tax platform is foundational for decarbonizing the grid and will create millions of good-paying American jobs.”

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