The renewable energy sector and climate advocates are planning their next steps after suffering significant setbacks in the new reconciliation law that rolls back numerous clean energy tax credits.
Bracewell’s Frank Maisano told Inside EPA that “all of the traditional lobbying tactics failed” in preventing a major assault on clean energy provisions. The result will be to stall some, but not all, projects.
“We are sending the wrong signal,” with the new law, Maisano said. “Wind and solar need to be part of the mix,” he continued, referencing projections of rising power demand. “We are going to have to have everything.”