One big thing:
Utah business leaders are urging Congress to uphold a gradual phase-down of clean-energy tax credits — a critical move to protect billions in energy investments and meet the state’s surging power needs.
Why it matters:
Uncertainty in energy policy risks derailing long-term infrastructure projects that support jobs, economic growth, and energy security across Utah.
By the numbers:
- 66% — Utah’s projected population growth by 2060 (from 3.4M to 5.5M).
- 2x — Governor Cox’s Operation Gigawatt aims to double Utah’s power generation in 10 years.
- Billions — in private investment hinge on the stability of clean-energy tax credits.
The big picture:
Federal clean-energy tax credits — including for renewables, carbon capture, and nuclear — are a key part of Utah’s “all-of-the-above” energy strategy. The recently passed reconciliation bill creates a stable “glide path” to phase out credits, giving businesses time to adapt.
What’s next:
Congress must resist calls to accelerate the rollback of tax credits. Businesses need a predictable environment to plan, invest, and deliver long-term results.
The bottom line:
Utah’s economic future depends on a reliable, abundant, and affordable energy supply. Congress should hold the line — and not pull the plug on progress.