On the recordJune 28, 2025
This bill will kill 300,000 jobs in wind and solar per year. We are going to lose out on $450 billion in capital as thousands of projects go under. And because of that, we are going to generate about 500 gigawatts less energy in the next decade. Now, there was a time--and I lived through it as a politician--there was a time when people who wanted to take climate action had to argue for that climate action because it is a planetary emergency, and there were tradeoffs. And people on the other side said: Look, as we try to take action to deal with this planetary crisis, we can't create shortages. We can't increase prices. We can't impede economic progress. All of that has flipped. This bill will create shortages. This bill will impede economic progress. This bill will increase prices. The 500 gigawatts less energy in the next decade is pretty much exactly the amount of energy that we are going to need to meet rising demand. We are going to have energy shortages as a result of this legislation.
Source
govinfo.gov




