The head of the nation’s top clean power trade group says the industry should take a “realistic” approach to tax policy as some federal subsidies begin to wind down, which includes working to expand incentives for transmission and manufacturing.
The call by American Clean Power Association CEO Jason Grumet comes just one year after the Republicans passed their One Big Beautiful Bill Act that began the sunset for key tax credits for renewable energy sources that had been in place for decades. That has set off a debate among clean energy supporters about whether Democrats should seek to revive those incentives if they win control of Congress in the midterm elections.
“What we fundamentally need more than anything is policy durability,” Grumet told reporters on Tuesday. “A third and fourth reconciliation, which bring back credits and take away credits, would be the worst possible thing our industry could go through.”
The head of the trade group was discussing the potential for divided government over the next two years. Grumet told reporters the group is looking at policies that can be supported under that scenario, which includes prioritizing federal incentives around domestic manufacturing and transmission.
