18 House Republicans ask Johnson not to target IRA clean energy tax credits ...Middle East

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18 House Republicans ask Johnson not to target IRA clean energy tax credits
source : The Hill ( Middle East ) () 68
More than a dozen House Republicans wrote to Speaker Mike Johnson (R-La.) on Tuesday asking him not to axe clean energy tax credits in the Inflation Reduction Act (IRA) if the GOP maintains or expands its House majority next year. In the letter, first shared with Politico’s E&E News, members led by Rep. Andrew Garbarino (R-N.Y.) criticized the IRA as a whole but wrote that repealing the credits could undermine the growth in the energy sector spurred by its tax provisions. They noted that a number of companies have already broken ground on investments they made assuming the credits would remain in place, and that eliminating them could lead to a “worst-case scenario” in which billions o

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