Jon Powers
@powersjon
Co-Founder CleanCapital, Iraq Veteran, and former White House Federal Chief Sustainability Officer - Plus a huge Buffalo Bills fan!
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The Senate: We need to get rid of all these clean energy subsidies and let the free market do it's thing. Also the Senate: We should give coal companies hundreds of millions of dollars to subsidize steel production in China.
The House is about to vote on a bill that could lead to hundreds of billions in lost energy infrastructure investments. Here are some of the Republican-led House districts with the most to lose. 1. Rep. Kiggans (VA-02): $12 billion at risk. 🧵
If the House passes their big bill, they would be voting to cancel thousands of energy projects over the next decade. There's a reason that trade unions are calling this "the biggest job-killing bill in history."
Keep in mind: to get an energy project to the point where you've actually commenced construction, you have to invest significant capital in planning, site acquisition/leasing, engineering, grid interconnection studies, permitting, contracting long lead items etc. Even exempting…
The problem isn’t “ending subsidies.” It’s: 1) Abrupt termination after major capex is already sunk 2) Cutting eligibility at an arbitrary in-service cliff, blowing up project pipelines 3) Imposing extreme, unworkable FEOC rules that ignore supply chain realities 4) Slapping an…
Now we look to the House for the future of American energy. Stay active, stay engaged! “Despite limited improvements, this legislation undermines the very foundation of America’s manufacturing comeback and global energy leadership." @SEIA's statement: bit.ly/4eOzbdn
Many people in the energy sector told me that Chris Wright was reasonable and pragmatic. Turns out he’s ignorant and dogmatic.
The more we load our grid with intermittent generation, the worse the grid performs during times of maximum demand. Subsidies are meant to drive prices down and boost supply. But subsidizing wind and solar has done exactly the opposite. The One Big Beautiful Bill will help end…
The Ernst, Grassley, & Murkowski Amendment corrects several of the clean energy provisions that are most damaging to American workers, American businesses, and American energy leadership. SEIA encourages all Senators to support this amendment and thanks @SenJoniErnst,…
ACTION NEEDED: Overall, the #BigBeautifulBill is terrible for the #Solar industry but we have a window of time to try to make some improvements. There are a few Amendment’s moving through the Senate. NOW is the time to call your Senators (seia.quorum.us/campaign/13221…), information…
The energy industry has played a significant role in strengthening Kansas’ economy and workforce. Several CEBN members based in the state shared with the Kansas Reflector the positive impact the tax credits have had on their business and the importance of its protection.
Can we all agree that this is a STUPID way to pass major policy legislation that will affect so many Americans? This is a continuation of the "flood the zone strategy" and it will kill jobs, raise energy prices & shut down rural hospitals. At least let's debate it.
Here's what batteries were doing on the Texas grid yesterday. It's happening y'all! We're so close to having higher reliability AND massive room for growth for AI data centers, robotics, manufacturing, etc. But the President & Congress want to derail it. So short-sighted.
There's a reason that the largest construction workers union in America called Senate Republicans' bill "the biggest job killing bill in our country's history." It would lead to mass layoffs in every state in some of the fastest-growing sectors of our economy.
Last week 70 + Investors representing Billions in capital investments called on Congress to protect the clean energy tax credits because they are WORKING! The current #BigBeautifulBill in the Senate is both anti-market & bad for American workers & businesses because it knee-caps…
“Any Senator who votes for this bill is voting for higher energy prices, a weaker economy, and a less secure America." Read @SEIA's full statement on the Senate reconciliation bill here: seia.org/news/solar-and…
Those trying to kill the #SolarPower industry in the #BigBeautifulBill claim they are against "energy subsidies." They then also should support oil companies reimbursing the @USNavy for the costs of keeping the Strait of Hormuz open to protect global oil supply chains. A simple…
This @theallinpod is 💯 @chamath @friedberg The Senate was ready to fix this—but now might fumble our generation’s Manhattan Project. Terminating energy tax credits for projects not placed in service by 2028? It’s like they want higher electric bills and us to lose to China.
🚨 The reconciliation bill text released last night is a direct attack on American energy, workers & families. Any Senator voting for it is voting for higher prices. And they’ll have to answer for it when families open their utility bills, when workers lose their jobs, and when…
We might vote today on Republicans’ new tax bill, released in the dead of night. It includes a NEW tax on all wind and solar projects. It will kill the industry, raise costs for everyone even more than we thought, and cause shortages.
FYI to anyone calling to end subsidies: you can’t claim to support an ‘all of the above’ strategy and support a bill that subsidizes coal but declares war on solar—the fastest-growing energy source in America. And yes—tax penalties on new projects that don’t claim credits is war
Not only does the latest version of the bill crush the growing U.S. solar and wind industries, it creates a new subsidy for COAL. Make America 1850 again.
National Association of Building Trades Unions: "If enacted, the [Republicans' budget bill] stands to be the biggest job-killing bill in the history of this country... the equivalent of terminating more than 1,000 Keystone XL projects... threatens 1.75 million construction jobs."
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