Analysis by the Union of Concerned Scientists (UCS) shows that federal tax credits are an effective near-term path for expanding renewable energy.
Using an energy planning model developed by the National Renewable Energy Laboratory, UCS energy experts examined the electricity sector provisions of several proposed bills to determine their impact on accelerating the momentum away from coal and gas in the US power sector.
We found that each of the proposed policies would spur increased use of renewable energy and reductions in carbon emissions. We concluded that the Clean Energy for America Act—a technology-neutral tax credit—would achieve the greatest increase in renewable energy capacity and the deepest reductions in both carbon and toxic air pollutants.
In this report
Tax Credits Increase Renewable Capacity
Diversification from Clean Energy Tax Credits
Tax Credits Reduce Carbon Emissions
Benefits of Various Clean Energy Proposals
Downloads
Citation
Sattler, Sandra, Ashtin Massie, Steve Clemmer, and Chloe Ames. 2021. Federal Clean Energy Tax Credits: A Vital Building Block for Advancing Clean Electricity. Cambridge, MA: Union of Concerned Scientists. https://www.ucsusa.org/node/14072
Related resources
Statements on Climate Change from the US National Academy of Sciences
UCS: What We Do
Working with Nature to Protect California's Agricultural Regions
