GOP Senators Urge Caution On Changes To IRA Clean Energy Incentives

Four Senate Republicans are urging their colleagues not to fully repeal the Inflation Reduction Act’s (IRA) clean energy tax credits -- or end “certain individual credits” -- as the GOP begins crafting the details of budget reconciliation legislation that would serve as a vehicle for paring back the incentives. “[M]any American companies have made substantial investments in domestic energy production and infrastructure based on the current energy tax framework. A wholesale repeal, or the termination of certain individual credits, would...