{"id":5393,"date":"2025-03-07T08:26:22","date_gmt":"2025-03-07T13:26:22","guid":{"rendered":"https:\/\/sdgnews.com\/?p=5393"},"modified":"2025-03-07T08:26:23","modified_gmt":"2025-03-07T13:26:23","slug":"ceres-major-companies-urge-congress-to-maintain-clean-energy-tax-credits-amid-energy-transition","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/zh\/ceres-major-companies-urge-congress-to-maintain-clean-energy-tax-credits-amid-energy-transition\/","title":{"rendered":"Ceres: Major Companies Urge Congress to Maintain Clean Energy Tax Credits Amid Energy Transition"},"content":{"rendered":"<p><em>By <strong><a href=\"https:\/\/www.ceres.org\/people\/helen-booth-tobin#:~:text=Helen%20Booth%2DTobin%20is%20the,the%20state%20and%20federal%20levels.\">Helen Booth-Tobin<\/a><\/strong>, Communications Director, Policy at Ceres<\/em><\/p>\n\n\n\n<p>As Congress begins a major debate on the future of U.S. tax and spending policy, dozens of major companies are taking to Capitol Hill this week, calling for lawmakers to maintain federal clean energy tax credits that are driving American energy dominance and unlocking hundreds of billions of dollars of economic activity in communities across the nation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ceres-takes-a-stand\">Ceres Takes a Stand<\/h3>\n\n\n\n<p>The 80 companies participating in LEAD on a Clean Economy 2025 from March 4 to March 6 include Amalgamated Bank, Carrier, Constellation Energy, dsm-firmenich, Eaton, Ford Motor Co., Franklin Energy, Heirloom Carbon, Holcim, IKEA US, Lucid, Michelin, REI, Schneider Electric, Sealed, Siemens, and Workday, among others. The seventh annual LEAD (Lawmaker Education and Advocacy Days) event will connect companies with about 100 key Congressional offices as they underscore the vast benefits tax credits have delivered to the U.S. manufacturing base and energy production, while reducing costs for businesses and consumers.&nbsp;<\/p>\n\n\n\n<p>A full list of participating companies is available&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/events.ceres.org\/lead\/page\/4733329\/participating-companies\"><u>here<\/u><\/a>. Collectively, they generate $750 billion in annual revenue and employ nearly 1 million Americans.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cdsm-firmenich is excited to once again join LEAD on a Clean Economy in support of federal clean energy tax credits, which ensure the U.S. and its businesses are poised to compete in a changing global economy,\u201d said&nbsp;<strong>Hugh Welsh, president and general counsel, dsm-firmenich North America<\/strong>. \u201cWe know firsthand the power of LEAD as a showcase for the business support for strong clean energy policy that benefits the economy, and are eager to again make that case on Capitol Hill this week.\u201d&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;As an American-made company and industry leader in direct air capture, Heirloom creates high-paying new energy jobs that partner with the traditional energy workforce to remove and utilize CO\u2082 captured from the atmosphere. Our facilities service multi-hundred-million-dollar demand contracts from leading industries, ranging from AI to aviation, and they are supported by performance-driven tax credits that ensure the deployment of a suite of carbon management technologies takes root here in the United States, building a bridge to 21st century energy security,&#8221; <em>said\u00a0<strong>Vikrum Aiyer, head of global public policy, Heirloom<\/strong><\/em>. &#8220;We&#8217;re excited to join LEAD on a Clean Economy 2025 and look forward to working with lawmakers to ensure critical federal policies are protected and enhanced to scale this industry from the Bay Area to Baton Rouge.&#8221;\u00a0<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIKEA U.S. sees firsthand how on-site generation of renewable energy plays a crucial role in strengthening the U.S. economy, supporting businesses, and building resiliency in communities. When businesses use clean energy incentives, they boost the economy through manufacturing and job creation. Additionally, these incentives help businesses leverage additional energy sources when local power isn\u2019t available. We look forward to bringing this message to Capitol Hill to ensure these benefits continue to build a more sustainable future,\u201d said&nbsp;<strong>Mardi Ditze, Country Sustainability Manager at IKEA U.S.<\/strong>&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAt Michelin, we are guided by our all-sustainable approach to responsible business. Cleaner industry is a critical element of our strategy. We support initiatives that help businesses develop and adopt cutting-edge technologies that reduce waste in all forms.&nbsp; The U.S. has always led in innovation-driven economic growth, and federal policy will continue to play a crucial role.&nbsp; We value this ongoing collaboration to deliver a resilient future for Americans,\u201d said&nbsp;<strong>Kara Fulcher, director of sustainability, Michelin North America.&nbsp;<\/strong>&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are at an inflection point in America\u2019s energy transformation. Energy demand is on the rise, and while existing policies have effectively helped us maintain economic competitiveness, there\u2019s still more to be done to drive growth, increase supply, and improve affordability. For our part, Schneider Electric is well-positioned to continue playing a leading role in helping shape a more innovative, affordable, and energy-efficient future in America,\u201d said&nbsp;<strong>Jeannie Salo, chief public policy officer, Schneider Electric North America.<\/strong>&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>Participating businesses will emphasize the importance of maintaining federal incentives to build affordable and reliable power as energy demand soars, threatening to further increase prices for businesses and consumers. Meetings will focus on the benefits of several specific policy areas including clean energy deployment, advanced manufacturing, zero-emission vehicles, direct pay programs, home energy rebates, and more.&nbsp;<\/p>\n\n\n\n<p>Clean energy tax credits have a long history of bipartisan support. Since they were extended and expanded by Congress in 2022, the private sector has capitalized on the long-term policy certainty by investing more than $420 billion into about 750 clean energy projects in the U.S., creating more than 400,000 jobs. Most of the benefits \u2013 including new factories, jobs, restored domestic supply chains, and affordable domestically produced electricity \u2013 are accruing in Congressional districts represented by Republicans. As a result, 18 Republican members of the House of Representatives last summer called for the law\u2019s clean energy incentives to be preserved should Republican leadership seek to repeal or reform the law. Companies at LEAD on a Clean Economy will be meeting primarily with Republican lawmakers this week.&nbsp;<\/p>\n\n\n\n<p>The federal tax credits have enjoyed considerable support from major U.S. businesses since before they passed into law. More than 2,900 companies across the country \u2013 employing more than 400 million people worldwide \u2013 vocally supported their passage, and leading businesses have since played a critical role in providing public input to guide their implementation. Organizations including ExxonMobil, the U.S. Chamber of Commerce, and the American Petroleum Institute have been among those to since urge Congress to keep the credits in place.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-is-lead-on-a-clean-economy\">What is LEAD on a Clean Economy<\/h3>\n\n\n\n<p>LEAD on a Clean Economy is organized by Ceres, a nonprofit that works with investors and businesses to advance responsible business and policy solutions. Ceres has been organizing discussions between Republican members of Congress and businesses that support clean energy tax credits for more than a year, including a series of meetings on Capitol Hill shortly after the 2024 election.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWith the U.S. looking to rebuild its manufacturing base and generate as much new power as possible, this is no time to upend the policy environment that will meet those very goals,\u201d said&nbsp;<strong>Zach Friedman, senior director of federal policy, Ceres.&nbsp;<\/strong>\u201cThis week, businesses spanning industries and states across the U.S. are excited to take to Capitol Hill to demonstrate the immense economic, financial, and national security impact of reliable, affordable, and American-made clean energy. At this urgent moment for U.S. energy and tax policy, we look forward to the opportunity to grow bipartisan support for federal clean energy incentives.&#8221;&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>Read Full Article: <strong><a href=\"https:\/\/sdgnews.com\/zh\/ceres-10-point-plan-for-the-insurance-industry\/\">Ceres 10-Point Plan for the Insurance In<\/a><\/strong><a href=\"https:\/\/sdgnews.com\/zh\/ceres-10-point-plan-for-the-insurance-industry\/\" target=\"_blank\" rel=\"noreferrer noopener\">dustry<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>By Helen Booth-Tobin, Communications Director, Policy at Ceres As Congress begins a major debate on the future of U.S. tax and spending policy, dozens of major companies are taking to Capitol Hill this week, calling for lawmakers to maintain federal clean energy tax credits that are driving American energy dominance and unlocking hundreds of billions [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34,33],"tags":[135,1045,1046,61,66,60,67],"class_list":["post-5393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-and-energy","category-corporate-sustainability","tag-ceres","tag-clean-energy-tax-credits","tag-lead-on-a-clean-economy","tag-sdg-news","tag-sdgs","tag-sustainable-development-goals","tag-un-sdgs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.4) - 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