View this email in your browser ([link removed])
[link removed]


** ConservAmerica Releases Economic Analysis of Clean Energy Tax Credits
------------------------------------------------------------

February 20, 2025

Washington, DC – ConservAmerica is pleased to announce the launch of its new report,

A Wide Array of Resources is Needed to Meet Growing U.S. Energy Demand ([link removed]) , as prepared by The Brattle Group.

U.S. electricity demand is already growing and is expected to grow exponentially over the next decade. This economic analysis finds that to meet demand affordably and reliably the country needs a portfolio of all forms of energy. The reality is that some energy resources are available now, while others will take more time to deploy.

“President Trump was elected on the promise to unleash American energy and to lower prices for all Americans,” said ConservAmerica President Jeff Kupfer. “With his flurry of executive orders and creation of the National Energy Dominance Council, he has shown that he is serious about achieving those goals.

“It is understandable and appropriate that with this new administration and new Congress existing energy tax provisions have come under increased scrutiny.

“We commissioned this report because as Congress moves forward, we want to ensure that policymakers have the benefit of real economic data about the impacts of eliminating clean energy credits. Our elected officials should make decisions based on facts, not politically charged emotions. We know that nobody wants to raise costs on American families, stifle economic growth, or contribute to a more unreliable grid.

“Our thanks to the experts at the Brattle Group for all their work on this study and their unbiased in-depth analysis. We look forward to sharing the findings and hope they are used to inform the important decisions about our country’s economic and energy future.”

Findings include:
* Due to increased demand from data centers, reshoring of manufacturing, electrification of industry, and growing oil and gas extraction, the U.S. is projected to need 50% more annual electric energy production in 2035 than it does today.
* Serving this growth will require much more supply, and traditional supply sources alone cannot meet the need.
* Renewables and energy storage are already in development and can be deployed relatively quickly.
* There is less natural gas generation in development, and the turbine supply chain is limited.
* Eliminating clean energy credits would increase going-forward generation system costs by 14%, raising electricity prices for American consumers.
* By 2035, 3.8 million job-years would be lost as employers spend more on electricity, capital investment declines, and higher electricity rates reduce consumer spending in other sectors (on average, this is equivalent to total US employment being 380,000 lower for 10 years in a row).
* U.S. economic growth would be depressed due to a $250 billion reduction in investment in the power sector, a $510 billion decrease in GDP, and a $270 billion decline in household consumption.

Report:

A Wide Array of Resources is Needed to Meet Growing U.S. Energy Demand ([link removed])

For media inquiries addressed to Jeff Kupfer ([link removed]) , President of ConservAmerica, or Dr. Sam Newell ([link removed]) , Principal, The Brattle Group, please contact [email protected] (mailto:[email protected]) .

[link removed]
[link removed]

Copyright (C) 2024 ConservAmerica All rights reserved.

Our mailing address is:
| ConservAmerica | 1455 Pennsylvania Avenue NW, Suite 400 | Washington, DC United States

Want to change how you receive these emails?
You can update your preferences ([link removed]) or unsubscribe ([link removed])