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Dear Friends and Colleagues,
With the government funded through September, all eyes are now on the budget reconciliation process in Congress and the lawmakers shaping the tax code. As many of you know, clean energy tax credits—particularly those passed in the Inflation Reduction Act—are at risk of being cut or rolled back.
These tax credits are invaluable for continued economic growth and are already driving billions of dollars in investment in red states and districts. Rolling them back would not only jeopardize those investments but also stifle innovation in clean energy technologies essential for maintaining American energy dominance.
That’s why we’ve been actively engaging on Capitol Hill, educating staffers and lawmakers about what’s at stake. We’re also collaborating closely with Republicans in Congress who are fighting to protect these critical incentives.
In case you missed it, Rep. Andrew Garbarino (R-N.Y.) led a letter to House Ways and Means Committee Chairman Jason Smith (R-Mo.), underscoring the importance of preserving these clean energy tax credits that are advancing President Trump’s America First energy agenda. Notably, 20 other House Republicans joined him in this effort.
This show of support from a significant bloc within the narrow House majority cannot be overstated. And while not all supportive members signed the letter, we know many others are working behind the scenes to safeguard these credits.
However, this doesn’t mean the credits are safe. Congress is scouring every corner for savings to address decades of overspending. Our advocacy and partnerships with like-minded stakeholders are critical to ensuring that spending cuts are made with precision and not at the expense of proven, bipartisan policies.
We’d love to join forces with you. Please reach out to learn how we can work together to protect policies that put more money in the pockets of consumers and businesses while advancing all forms of American-made energy.
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Heather Reams
CRES President
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“We need the projects that are currently under development to be brought online so we can continue the President’s ‘America First’ agenda. These [credits] are helping the president accomplish what he said he wanted to do in his campaign, and that was to make America an energy dominant country.” – Rep. Andrew Garbarino (R-N.Y.) in a statement. |
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“Tax incentives like the tech-neutral clean energy credits under 45Y, 45E, and the 45Q carbon sequestration credit and the 45X advanced manufacturing credit aim to strengthen manufacturing capability and reduce the engineering, procurement and construction risk that have plagued major energy projects.” – Rep. Mariannette Miller-Meeks (R-Iowa) in a statement. |
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“America cannot afford to turn a blind eye to how existing clean energy tax credits are actively helping our Armed Forces, small businesses, and everyday families,” she said in a statement. “I am proud to stand with my colleagues to advocate for an all-of-the-above approach that protects these critical tax credits and spurs innovation.” – Rep. Jen Kiggans (R-Va.) in a statement.
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“Common sense tax credits that preserve all-of-the-above options for safe, reliable, and affordable energy are essential to American energy dominance.” – Rep. Gabe Evans (R-Colo.) in a statement.
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About CRES’ new team members...
“I am thrilled to see the CRES team grow as we continue to make a meaningful impact in advancing American energy policy that strengthens our national security, global standing and emissions reduction efforts. Each of these new team members brings valuable talent and experience to the table, which will undoubtedly drive our efforts both internally and externally. I warmly welcome Juan, Noah, Max and Madison and look forward to seeing them contribute to our mission.” – CRES President Heather Reams in a statement.
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CRES Forum’s second CRES Academy of the year focused on the Advanced Manufacturing Production Tax Credit, or 45X, which is strengthening the domestic supply chains of technologies necessary for energy production, including critical minerals.
Attendees heard remarks from Rep. Amodei’s (R-Nev.) Senior Policy Advisor Monika Konrad and learned more during an in-depth panel. Panelists included Nicole Elliott of Holland & Knight, Cole Simons of GE Vernova, Rachel Harris of Invenergy and Michael Davin of the National Association of Manufacturers.
Read the event recap HERE.
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CRES President Heather Reams sat down with Axios’ Andrew Freedman to discuss next generation nuclear energy in Houston for CERAWeek. Nuclear is the most reliable zero-emissions power source and continued U.S. leadership in this energy source is critical.
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Also at CERAWeek, CRES President Heather Reams joined a panel discussion at Women+ in Hydrogen’s annual flagship event to highlight opportunities for American innovation in hydrogen energy. Accelerating clean hydrogen development = strengthening U.S. energy security and reducing global emissions.
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Back in D.C., CRES President Heather Reams gave keynote remarks to the Alliance to Save Energy, sharing share insights on the role of energy efficiency within a pragmatic, market-driven clean energy agenda. With electricity demand growing, using our energy resources wisely is just commonsense.
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CRESponsible Leader: Rep. Jen Kiggans
From the shores of Virginia Beach, Rep. Jen Kiggans (R-Va.) is March’s CRESponsible Leader of the Month. Representing Virginia’s 2nd District, she champions an all-of-the-above energy strategy that balances innovation, economic growth and environmental responsibility — proving that clean energy can both power homes and bolster national security.
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