News

Big Pivots discusses the potential impacts on Colorado if the U.S. Senate passes the budget reconciliation bill, which proposes to eliminate several federal tax credits. United's Harry Godfrey stated that, while the Senate's decision is still pending, the removal of key tax incentives could harm private investments in Colorado's advanced energy sector.

President Trump's proposed bill aims to dismantle key tax incentives, which have been instrumental in driving billions in private investment and creating more than 11,000 jobs in Virginia. United's Harry Godfrey spoke with Inside Climate News, stating that the rollback of these incentives would threaten to stall Virginia's progress in renewable energy development, economic growth, and job creation, undermining efforts to create a more reliable and affordable energy future.

The Nevada Independent reports that proposed federal policy changes could jeopardize billions in renewable energy investments and thousands of jobs. United's Harry Godfrey emphasized that the anticipated demand destruction from these cuts could undermine the economic viability of Nevada's lithium industry, warning that the state's clean energy investment forecasts may not endure under the proposed changes.

Canary Media reports on the proposed restrictions in the House Republicans' tax bill that could gut clean energy tax credits and put hundreds of billions of dollars in investment at risk. United's Harry Godfrey cautioned that the bill's "fundamentally unworkable" rules would create uncertainty, deterring investors, halting projects, and derailing domestic clean energy growth. 

Inside Climate News reports on the advancement of legislation to repeal key clean energy tax credits. United's Harry Godfrey and other advocates warn that that this move could increase energy costs, jeopardize thousands of clean energy jobs, and threaten America's energy dominance.

Utility Dive reports that the Inflation Reduction Act (IRA) is likely to be targeted for cuts as Congress aims to cut spending by $2 trillion. United's Harry Godfrey emphasized that tax credits included in the IRA are critical to building U.S. energy dominance, creating good-paying jobs, and boosting economic development.

Inside Climate News reports on President Trump's proposed cuts to the 2026 fiscal year budget, which includes deep cuts to renewable energy research, low-income heating assistance, and environmental justice programs, reflecting a broader rollback of energy and infrastructure spending. United’s Harry Godfrey advocated that advanced energy technologies are essential for an economy with abundant and affordable energy and criticized the budget request for seemingly defunding programs based on keywords, such as 'renewable energy.'

Advanced energy manufacturing in the U.S. is facing increased business uncertainty amid threats to undo the tax credits that have been fueling record investment. United’s Harry Godfrey spoke with The New York Times about how manufacturing companies look not only at tax programs for building new plants but also market demand for products when weighing future investments.

The Nevada Current reports that Nevada Governor Joe Lombardo has acknowledged the positive impacts of federal programs and spending for the state, but despite this recognition, he has not actively defended these programs against federal rollbacks. United's Harry Godfrey emphasized the widespread uncertainty that the federal funding freezes have caused for both businesses and individuals alike, raising concerns about the future of advanced energy initiatives that have contributed to Nevada's economic growth.

President Trump's recent executive order to pause federal funding has led to significant economic disruptions nationwide, and although federal courts have ordered the resumption of funding, the path forward remains uncertain. United's Harry Godfrey spoke with Canary Media, emphasizing the economic strains, layoffs, and grid challenges Americans are facing across the country due to the freezes.