ACORE Statement on House Debt Limit Proposal

Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE): 

“The IRA tax incentives that would be repealed by the Limit, Save, and Grow Act of 2023, the House Debt Limit Bill, have spurred American companies to announce dozens of clean energy generation and manufacturing projects that are promoting economic development, lowering energy costs, and creating good-paying jobs in red and blue states across the country. Backtracking on these popular programs would harm our economy, weaken American competitiveness in the booming global clean energy marketplace, and undermine our climate goals. We urge House leadership to negotiate a clean debt limit increase, avoid the risk of a national default, and support the ongoing renewable energy transition that Americans want, and scientists say we desperately need.”

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About ACORE:
For more than 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s premier pan-renewable nonprofit organization. ACORE unites finance, policy and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.

Media Contacts:
Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Energy
hobson@acore.org | 202.777.7584 (o) | 202.594.0706 (c)

Dylan Helms
Associate, Communications
American Council on Renewable Energy
helms@acore.org | 202.891.7868 (o) | 727.290.8804 (c)