SEMA Coalition Reacts to House Passage of 'Big, Beautiful Bill'

Washington, DC – Early this morning, the United States House of Representatives voted to pass a sweeping tax and spending bill that would roll back a number of clean energy tax credits established by former President Biden's Inflation Reduction Act (IRA). Mike Carr, Executive Director of the Solar Energy Manufacturers for America (SEMA) Coalition, released the below statement following its passage:

“Despite many reassurances that Members support domestic manufacturing, a vote for this bill was a vote to close U.S. factories and concede manufacturing jobs of the most important energy resource of the 21st century to China," said SEMA Coalition Executive Director Michael Carr. “While we appreciate the endorsement of the Advanced Manufacturing Production Tax Credit by the House, this retroactive repeal–with many contracts in place for U.S.-made products through 2030–of the incentives to purchase American-made solar components undermines existing commercial agreements. The result will push developers back to buying overly-subsidized Chinese products evading our trade laws, while raising electricity costs for everyone. If this were to become law, it would be a boon to Chinese manufacturers and a tremendous step backward for American jobs, competitiveness in manufacturing and AI, economic security, and energy security.” 

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