WASHINGTON —Today, Citizens for Responsible Energy Solutions (CRES) President Heather Reams released the following statement in response to the American Families & Jobs Act, legislation under consideration by the House Committee on Ways & Means:
“Citizens for Responsible Energy Solutions (CRES) is encouraged that many of the historically bipartisan clean energy tax credits and provisions – including incentives for carbon capture, utilization, and storage (CCUS), zero-emissions nuclear power, clean hydrogen, advanced manufacturing, and critical mineral production credits – are preserved in the American Families & Jobs Act. We thank the House Ways and Means Committee for recognizing that continuing these policies will help achieve an all-of-the-above, made-in-America energy future.
“However, CRES remains concerned that the legislation repeals important incentives for energy storage technologies, including advanced batteries to hydropower, which have garnered bipartisan support. We will continue to work with members of the Committee and allies in Congress to help realize the benefits of these tax credits – for American innovation and energy security, private sector certainty, long-term investment, and reduced global emissions.”