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US would pay stiff economic price if Congress axes federal climate law tax credits: study

Recharge · last updated

US would pay stiff economic price if Congress axes federal climate law tax credits: study

Non-partisan think tank Energy Innovation estimates such a move under pressure from President Donald Trump would cut GDP by $160bn and cost 790,000 jobs

President Donald Trump, who favours fossil fuels, has been critical of clean energy tax credits in the 2022 climate law
President Donald Trump, who favours fossil fuels, has been critical of clean energy tax credits in the 2022 climate lawPhoto: Shutterstock
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