More than a dozen House Republicans sent a letter to House Speaker Mike Johnson (R-Louisiana) on Tuesday urging him not to repeal the Inflation Control Act’s (IRA) clean energy tax credit if Republicans maintain or expand their 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 eliminating the tax credit could stifle growth in the energy sector that was spurred by the IRA’s tax treatment. They noted that many companies had already begun investing under the assumption that the tax credit would remain, and eliminating the credit could lead to a “worst case scenario” of billions of dollars already paid out in economic benefits that no longer exist.
In addition to Rep. Galvarino, other Republican signatories to the letter include Reps. David Valadao (California), Lori Chavez Deremer (Oregon), Marc Molinaro (New York), Erin Houchin (Indiana), Anthony D’Esposito (New York), Mike Lawler (New York), Nick LaRota (New York), Young Kim (California), Jen Kiggans (Va.), John Curtis (Utah), Don Bacon (Nebraska), Tom Kean Jr. (New Jersey), Dave Joyce (Ohio), Mariannette Miller Meeks (Iowa), Juan Siscomani (Arizona), Mark Amodei (Nevada) and Buddy Carter (Georgia).
“Energy tax credits have spurred innovation, encouraged investment, and created good jobs in many parts of the country, including many districts represented by members of our conference,” they wrote. “We must roll back policies that harm American families, while protecting and improving policies that increase our nation’s energy independence and enhance the energy security of Americans. As Republicans, we support an all-of-above approach to energy development and tax credits that encourage domestic production, innovation, and supply from all sources.”
Republicans in the House currently hold a slim majority, making it unlikely that a repeal bill would be defeated if passed by the Senate. But former President Trump has signaled he would support repealing some or all of the law if he were elected president, and Senate Majority Leader Chuck Schumer (D-N.Y.) called repeal “more than just a threat” in June.
The Hill has reached out to Johnson’s office for comment.
