Several groups — including the American Critical Minerals Association, the Battery Materials & Technology Coalition, Clean Energy for America, the Conservative Energy Network, Impact Capital Managers, Securing America’s Future Energy and the Solar Energy Industries Association — fired off a new letter Monday calling for changes to the House bill. SAFE is also running an […]
Politico Morning Energy: Industry Hones IRA Asks
INDUSTRY HONES IRA ASKS: Seven energy industry groups urged Senate leaders Monday to rethink changes to the Inflation Reduction Act’s clean electricity investment tax credit, which they said is “effectively” eliminated by the House-passed megabill. The letter — shared first with ME — argues the House bill would “freeze investment in hundreds of gigawatts” of energy projects, particularly […]
E&E News: Dems warn budget bill would undercut mineral production
Abigail Hunter, executive director of SAFE’s Center for Critical Minerals Strategy, said climate law credits were indeed helping bolster domestic mineral supply chains. “We risk undermining the president’s very clear agenda for unleashing American minerals and making sure we leverage domestic processing unintentionally by forgoing some of these important considerations in policy today,” said Hunter. […]
Politico: How the GOP’s megabill could foil Trump’s critical minerals goals
National security officials have warned that repealing the EV tax credit could undermine their efforts to power the nation’s fighter jets and missile systems without Chinese supplies. “Defense industry demand alone is insufficient to drive the investment and production volumes necessary for resilient supply chains, representing less than 10 percent of domestic demand for critical […]
Financial Times: US military leaders wade into fight over tax breaks for critical minerals
Former US military leaders are lobbying Congress to reject a Republican push to repeal billions of dollars in tax credits for critical minerals, warning it would leave the country vulnerable to China. A group of 23 retired four-star generals and admirals have asked Jason Smith, chair of the House Ways and Means Committee, to protect […]
