Republicans embrace IRA at POLITICO Energy Summit

By Andres Picon, Timothy Cama | 06/06/2024 06:46 AM EDT

Lawmakers also addressed permitting and grid legislation, with one Republican doubting action this year.

Sen. Kevin Cramer (R-N.D.).

Sen. Kevin Cramer (R-N.D.) on Wednesday during POLITICO's Energy Summit in Washington. Rob Lamkey for POLITICO

A contingent of congressional Republicans said Wednesday that they still take issue with the Biden administration’s landmark climate law — but they’re not willing to repeal the whole thing.

Speaking at POLITICO’s Energy Summit, GOP lawmakers across the party’s ideological spectrum — from Western fossil fuel champions to leaders of the conservative climate movement — said they would want to protect certain energy tax credits in the Inflation Reduction Act should former President Donald Trump win a second term in November.

As Republican-led states reap a majority of the subsidies from the IRA, the lawmakers’ comments Wednesday were among the boldest GOP endorsements yet of the law.

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They underscore the party’s quiet embrace of the Inflation Reduction Act’s economic impact in communities across the country. They also highlight a possible point of intraparty tension on energy policy as Trump and other conservative Republicans threaten a wholesale repeal of the 2022 climate law should they take control of Congress and the White House.

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