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thiggins.bsky.social
Energy & Environment at the Center for American Progress and @CAPAction. Adjunct at Georgetown's McCourt School of Public Policy. Alumnus of Senator Feinstein, Department of Energy. Personal account.
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The House has voted to terminate federal clean energy investment. If this bill becomes law, it will be a tragic reversal of climate and energy policy that will harm America for generations.

Schumer: "This is nuclear."

The splitscreen tonight is a horror show. The House is amending its reconciliation bill to terminate clean energy investment even earlier. The Senate is shredding its rulebook in order to destroy a cornerstone of the Clean Air Act. The consequences will be felt for a long long time.

I really can hardly believe they're going to break the Senate over this. Making it illegal for states to opt into pollution protections. All to protect the market share and price margins of big oil.

The price of gas is already too damn high—Trump wants to make it even more expensive.

Republicans are planning to blow up Senate rules this week in order to deliver in a win for the oil industry, but they could leave every other industry exposed in a big way.

🚨 House Republicans’ plan will drain American wallets of an extra $339 B in gas and $75 B in electricity prices by 2035. It’s the same old story, only worse: Americans pay the price. Big Oil profits. Check out @thiggins.bsky.social new analysis: www.americanprogress.org/article/the-...

Ready for your gas prices to go up? House Republicans are proposing to end almost all federal clean energy investments, which will drive up the cost of gas and line the pockets of Big Oil execs.

Wow, the House Republican tax bill would increase gas prices. By a lot. Up to 37¢ per gallon! New numbers published by CAP show how ending clean energy investment props up demand for fossil fuels, raises prices, and makes households pay an extra $400b over the next decade to Big Oil and Gas.

Kiggans and 12 House Republicans ask leadership to consider changes to salvage the clean energy tax credits.

Krugman: "The brutality of the cuts to the social safety net isn’t what bothers me most about what’s about to happen to public policy. Even worse is the assault on renewable energy." "As of a few months ago there was hope of avoiding the worst... but things really have taken a grim turn."

Rep. Tonko: "unconscionable giveaways to the fossil fuel industry that would allow them to build whatever they want whenever they want"

"The party’s signature tax plan would kill most Biden-era incentives, but there’s a sticking point: G.O.P. districts have the most to lose."

Rep. Kathy Castor: "You better hold onto your wallets, because they're coming after your electric bills to pay for a massive tax give away to billionaires like Elon Musk."

Rhodium finds the complicated House tax proposal would be as disastrous as outright repeal of the clean energy tax credits. • Raises household energy spending. • Raises prices of gasoline and natural gas. • Raises oil imports. • Slashes deployment of clean electricity and electric vehicles.

"We're concerned that energy demand exceeds supply." Good thing we're building so much wind and solar! "No. We're going to crush wind and solar." What? "And terminate fuel economy and energy efficiency standards." What! "As I said, our profit concerns require energy demand to exceed supply."

Terminating clean energy investments early and burying them under a mountain of new regulations. That's the House Republican plan for new electricity. It means higher electricity bills and continued pollution. Americans will pay the price, and the fossil fuel industry will reap the revenue.

I've read through the text from House Energy and Commerce and now Ways and Means. I'm here to tell you this is as bad as it gets for clean energy. We are working to analyze the impact of the actual bill language, but it will be pretty close to our assessment of full repeal we did about a month ago.

House Republicans last night proposed a brand new “de-risking compensation” scheme for new fossil fuel projects. It’s a great example of how a party can make terrible policy choices when the only thing it cares about is propping up the profits of an allied industry. Here’s how it works. 1/10

House Republicans tonight proposed blanket rescissions of funding that is still available from Biden's Inflation Reduction Act for cleaning up ports, trucking, schools, and manufacturing, for investments in new businesses, air monitoring, and environmental justice communities.

Ending energy efficiency standards makes no sense, and it is grimly hilarious to watch his staff try to fabricate a rationale live on camera.