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U.S. energy industry trade groups are intensifying lobbying efforts to protect clean energy tax credits from cuts proposed in the Republican budget plan. The House Ways and Means Committee has suggested phasing out several subsidies linked to wind, solar, and hydrogen technologies under the Inflation Reduction Act. Heather O'Neill, chief executive of Advanced Energy United, said: "Without these credits, American families will be worse off." The group has launched a national ad campaign targeting lawmakers in key states, emphasizing the economic benefits of these investments. Meanwhile, hydrogen industry lobbyists are advocating for the preservation of the federal 45V tax credit, which they claim could support 60,000 jobs annually and contribute over $12bn to GDP.
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