NRDC’s Shahyd testifies on clean energy fiscal policy


WASHINGTON – Devastating conditions in Jackson, Mississippi, Flint, Michigan, and other cities demonstrate the need to change federal tax policy to create a more just, fairer and cleaner nation, an expert on the NRDC to lawmakers.

Khalil Shahyd, Senior Policy Advisor for Equity, Environment and Just Communities at the Natural Resources Defense Council (NRDC), is bear witness before the House Ways and Means Committee on the overlapping crises facing cities and their inhabitants.

“Congress is fortunate to help alleviate some of these crises, using the tax code to repair and modernize infrastructure, support energy efficient, healthy and affordable housing, deploy more clean energy and clean vehicles, and ensure that good jobs are distributed in our society, ”he said.

Shahyd outlined a number of specific tax changes needed, including:

  • Renewing the tax credits for new energy-efficient homes (article 45L of the tax code), and for existing residential energy renovations (article 25C);
  • Combine tax incentives with renewable energies and energy efficiency Low-income housing tax credit;
  • Provide a long-term, full-value extension of the Production tax credit and investment tax credit, while establishing ITC credits for transmission lines and energy storage and ensuring that these credits can be used using a direct payment option;
  • Widen, extend and eliminate the car manufacturer’s cap for tax incentive for electric vehicles, while improving the billing incentive.

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NRDC (Natural Resources Defense Council) is an international non-profit environmental organization with over 3 million members and online activists. Since 1970, our lawyers, scientists and other environmental specialists have worked to protect the world’s natural resources, public health and environment. NRDC has offices in New York, Washington, DC, Los Angeles, San Francisco, Chicago, Bozeman, MT and Beijing. Visit us at www.nrdc.org and follow us on Twitter @NRDC


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