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Nat Keohane on the House budget reconciliation bill

Statement of Nathaniel Keohane
President, Center for Climate and Energy Solutions   

May 22, 2025

On Passage of the budget reconciliation bill by the U.S. House of Representatives:

“America can lead the world in the advanced energy economy, but only if we play to win. The budget reconciliation bill that just passed the House does the opposite—threatening to pull the plug on U.S. clean energy manufacturing and deployment just as it is ramping up. The cost will be measured in shuttered factories, lost jobs, and missed opportunities in communities around the country.

“Energy and manufacturing tax credits are driving deployment and investment in a wide range of zero-carbon energy sources including advanced geothermal, nuclear power, and renewables like wind and solar. Gutting those credits will raise prices for businesses and households and choke off electricity supply just at the moment when energy demand is booming.

“As the package reaches the Senate, C2ES will continue to provide policymakers the information and analysis they need to understand the enormous economic opportunity at stake – one we can’t afford to walk away from.”

C2ES released an analysis of the economic and jobs impacts of the House revisions to energy and manufacturing tax credits. Read the analysis here.

To reach a C2ES expert, contact Alec Gerlach at press@c2es.org.

About C2ES: The Center for Climate and Energy Solutions (C2ES) works to secure a safe and stable climate, by accelerating the global transition to net-zero greenhouse gas emissions and a thriving, just, and resilient economy. Learn more at www.c2es.org.

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