REPUBLICANS’ BIG UGLY BILL: A BRUTAL BLOW TO OUR CLEAN ENERGY FUTURE
As I wrote earlier this year, we must leverage every available energy source, including clean energy and energy efficiency technologies, to meet the needs of today and tomorrow affordably. Yet the Big Ugly Bill will raise utility bills and kill clean energy jobs by slashing critical clean energy programs that were already lowering costs for customers across the country.
It Raises Utility Bills.
In 2022, Congressional Democrats took historic action to invest billions into clean energy technologies to meet our growing needs and make them more accessible to American families through clean energy tax credits. These provisions, laid out in the Inflation Reduction Act, aimed to encourage the purchase of electric vehicles (EVs), home energy efficiency technologies, and support businesses that invest in clean energy investments like solar, wind, energy storage and other renewable energy projects. By repealing these provisions, the Big Ugly Bill will raise energy costs by an average of $400 per year. Overall, the energy-related provisions of the bill could increase average annual electricity costs by $110 per household as early as next year.
Seniors and low-income households — who already struggle with high utility bills — will be hit hardest, especially as this bill guts energy assistance programs that help them stay warm in the winter and cool in the summer.
It Kills American Jobs.
Clean energy is one of the fastest-growing sectors in the U.S. economy, creating high-paying jobs in every corner of the country. Thanks to the landmark Virginia Clean Economy Act I led as a state senator in 2020, Virginia is the clean energy capital of the South. But the Big Ugly Bill is projected to eliminate more than 840,000 jobs in the next five years and nearly 790,000 more over the next decade. That’s over 1.6 million clean energy jobs lost — all to pad the profits of fossil fuel CEOs and corporate polluters. The destruction of these jobs will have profound impacts on working families, our local economies and our long-term opportunities as a Commonwealth.
It Turns a Blind Eye to the Climate Crisis.
The Inflation Reduction Act was the single largest investment we’ve made in this country to tackle the climate crisis, and the Big Ugly Bill repeals nearly every environmental investment we made.
We’ve seen increasingly frequent and worsening climate disasters fueled by climate change, yet this bill slashes funding for wildfire prevention and eliminates resilience programs that help communities prepare for floods, storms, and heatwaves.
The bottom line: Republicans’ “Big Ugly Bill” sells out American jobs, wallets, and health to please Big Oil and billionaires.
When faced with the choice to protect the American people or reward wealthy donors.
They chose the polluters. Again.
I won’t stop fighting to defend our environment, lower costs for Virginia families, and keep building a clean energy economy that works for everyone — not just the well-connected.
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