Trump Admin Embraces Extreme Line on Gutting Clean Energy Production Amid Soaring Demand

Washington, D.C. – Today, the Trump administration told Congress explicitly that it didn’t support the “all-of-the-above energy strategy” that has been the mainstream Republican position for decades, while repeatedly backing policies that will hike costs for American households. At a time when we need more energy, Chris Wright wants to take a sledgehammer to clean energy production — which will lead to skyrocketing prices for consumers.

Climate Power Communications Director Alex Glass issued the following statement:  “Energy prices are soaring, but that didn’t stop Chris Wright and the Trump administration from taking cheaper, home-grown energy options off the table. As demand for energy continues to rise, Trump wants Congress to gut clean energy production just when we need it most. Republicans in Congress have a choice: keep costs low for American families, or send their electric bills through the roof to fund tax breaks for billionaires.”

Here are some facts on what will happen if Congress guts clean energy investments:

• Repeal would raise energy costs for U.S. families by $110 as soon as next year — just as electric demand from new data centers is set to soar.
• Repeal would raise energy costs for U.S. families by $400 within a decade. 
• Repealing just two of the tax credits will contribute to energy bills increasing as high as 20%. 
• The industrial sector would spend $14 billion more on energy costs in 2035.
• Since Trump’s election, Republicans have already threatened, delayed, or canceled 142 clean energy projects representing $86.76 billion in investment and 91,631 announced jobs. 
• Repeal would cost 700,000 jobs in the next 10 years.