Weekend reads: Clean energy and the election
“Renewable energy developers fear that Republicans won't extend certain production and incentive tax credits for green energy. Production credits are meant to stimulate construction of new renewable energy power plants, and incentive credits are mostly meant for homeowners who want to replace or upgrade their residences with renewable or energy efficient heating and cooling systems.”
“Out of the 211 Democrats who voted for ACES, only 41 either lost or retired and saw their seats go Republican. Thus 81 percent of Democrats voting for the climate bill won their races.
Of the 44 Democrats who voted against ACES, 28 lost, retired and lost the seat to Republicans, or in the case of Parker Griffith flipped parties and lost the Republican primary. That means 64 percent of Democrats voting against the climate bill lost their seat.”
“Many commentators and political pundits will now argue that action on climate and clean energy is too risky, given the election results. But they have it exactly backward – despite the fossil fuel lobby’s efforts to convince us otherwise, policies that will reduce global warming pollution and create millions of clean-energy jobs are supported by the vast majority of the American people.”
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