OLYMPIA — Governor Bob Ferguson today detailed the devastating impacts of Donald Trump’s reconciliation bill on Washington’s clean economy, environment and energy future.
The bill passed out of Congress today puts at least $8.7 billion in Washington’s clean energy investments at risk.
Under the bill, Republicans voted to phase out federal incentives for wind, solar and other clean technologies by 2028. Meanwhile, they maintained and expanded subsidies for fossil fuel industries.
“This bill is anything but beautiful for Washington. It’s a fossil fuel wish list that penalizes clean energy and favors pollution,” Governor Ferguson said. “Donald Trump and the MAGA Congress are dismantling the very incentives that have powered innovation, created jobs, lowered electricity costs and protected the environment. At a time when we should be advancing clean energy, these rollbacks are a disastrous step in the wrong direction.”
The U.S. Climate Alliance estimates 21,800 Washingtonians will lose their jobs by 2030 due to the reconciliation bill’s reduction in clean energy and manufacturing tax credits.
The legislation threatens Washington’s energy security and electric grid reliability by stifling solar, wind and battery resources at a time of soaring electricity demand. The U.S. Climate Alliance estimates the bill’s removal of wind and solar energy tax credits will raise Washington households’ electricity costs by $115 per year by 2029.