Organisation Name
US Chamber of Commerce
InfluenceMap Query
Renewable Energy Legislation
Data Source
Main Web Site
 
 

Score for this Data / Query Cell

-0.5

InfluenceMap has researched and collated the following pieces of evidence associated with the data source and query indicated above. Extraordinary information is indicated by a coloured flag in the upper right corner. Evidence items in order of data inputted with exceptional items first.

 

Opposing renewable energy legislation

InfluenceMap Comment:

Advocating phase out of federal subsidies for renewable energy. (Institute for 21st Century Energy website, US Chamber of Commerce subsidiary, June 2015)

Extract from Source:

The U.S. government provides federal tax credits to encourage the deployment of renewable power sources, but usually for one- to two-year periods and has allowed them to lapse only to reinstate them later, usually retroactively. The resulting boom-and-bust cycles have deterred investment and created tremendous inefficiencies, limiting the steady development of renewable power. These tax credits also sometimes distort the market by encouraging generators to sell renewable power at a negative cost. As these renewable energy sources enjoy greater commercial penetration, the rationale for these tax credits becomes weaker. To create a more predictable investment environment, the Energy Institute advocates phasing out these tax incentives.

Created: 03/06/2015 Last edited: 02/01/2018

 

Opposing renewable energy legislation

InfluenceMap Comment:

Advocating against tax incentives that support renewable energy generation (US Chamber of Commerce, Institute for 21st Century Energy, 2017)

Extract from Source:

While the costs of renewable energy—primarily wind and solar—continue to come down, in many markets they remain uncompetitive with traditional energy sources and established hydroelectric projects. And with natural gas prices at historic lows, renewables look less appealing than they once did. As a result, these new renewables have grown to rely upon government mandates and subsidies. The U.S. government provides federal tax credits to encourage the deployment of renewable power sources, but usually for one- to two-year periods and has allowed them to lapse only to reinstate them later, usually retroactively. [...] As these renewable energy sources enjoy greater commercial penetration, the rationale for these tax credits becomes weaker. To create a more predictable investment environment, the Energy Institute advocates phasing out these tax incentives.

Created: 15/07/2016 Last edited: 02/01/2018

 

Supporting renewable energy policy

InfluenceMap Comment:

Has stated that it has supported some renewable energy policies (US Chamber position on renewable energy sources, October 2017)

Extract from Source:

The Chamber has vigorously supported the production and use of renewable energy and we have consistently called for additional funding for renewable and other clean energy technology advancements. We also lead the fight to clear the regulatory, legal, and Not-In-My-Backyard roadblocks that are delaying promising wind, solar, nuclear and other clean energy projects across the nation.

Created: 02/12/2017 Last edited: 02/12/2017