Clean energy tax credit cuts would impact NC jobs, energy bills

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Congress's budget reconciliation bill would repeal clean-energy tax credits established under the 2022 Inflation Reduction Act, which have already generated 400,000 jobs nationally. Chris Carnevale, climate advocacy director for the Southern Alliance for Clean Energy, warns that eliminating these credits would raise household energy costs in North Carolina by over $290 annually by 2030 and could cost the state 45,000 jobs while exacerbating the climate crisis.