The proposed repeal of $570 billion worth of clean energy tax credits is causing some House Republicans to waver in their support for their party’s proposal to raise the debt limit alongside spending cuts.
Ultimately some seem poised to back their party’s debt limit bill in a vote as soon as Wednesday, as groups representing industries that benefit from the incentives for solar, wind, nuclear, biofuels, hydrogen and other climate-friendly energy options don’t appear to be pressing them to sink the legislation as a whole.
But as of Tuesday afternoon there were as many as a dozen Republicans signaling they were either “no” votes or undecided if the provisions revoking certain energy tax credits aren’t removed from the bill, according to sources familiar with the talks. GOP leaders can only afford to lose four votes and still pass the measure over Democrats’ likely unified opposition.
