New AJC Op-Ed: 42,000 New Jobs in Georgia Could Vanish if GOP Tax Bill Passes Warns Warnock

Read the op-ed HERE

Senator Reverend Warnock penned an op-ed in the Atlanta Journal-Constitution (AJC) outlining how Georgia risks losing up to 42,000 good-paying jobs if Washington Republicans repeal the Inflation Reduction Act’s (IRA) Clean Energy Tax Credits

These endangered clean energy tax credits support 51 clean energy projects worth over $28 billion, largely outside metro Atlanta

Senator Reverend Warnock in the AJC: “If the President and Congressional Republicans were serious about bringing American manufacturing back to the United States, as I am, they would protect these tax credits”

Senator Reverend Warnock in the AJC: “Politics has a way of trying to make easy stuff, complicated. I’ll tell you what’s not complicated – 51 new projects worth $28 billion all across our state and up to 42,000 new jobs”

Washington, D.C. – U.S. Senator Reverend Raphael Warnock (D-GA) penned an op-ed in the Atlanta Journal-Constitution (AJC) warning that 42,000 good-paying Georgia jobs could be at risk if Congress passes the GOP tax bill, which repeals the Inflation Reduction Act’s (IRA) Clean Energy Tax Credits. The Senator called on his House GOP colleagues to protect good-paying Georgia jobs. 

“If Washington Republicans move forward with a GOP tax bill that repeals these clean energy tax credits, it’s their districts that will lose jobs and private investments: three out of four clean energy projects that were announced or boosted following the passage of these tax credits have gone to House districts held by Republicans. This is especially true in Georgia: 80% of the projects, 94% of the total investments, and 75% of the proposed new jobs and investments are in Congressional districts represented by Republicans,” warned Senator Reverend Warnock. “By repealing clean energy tax credits to give a tax cut to the wealthy and well-connected, Washington Republicans could cause Georgia to lose up to 42,000 jobs in communities desperate for new jobs and investments. If the President and Congressional Republicans were serious about bringing American manufacturing back to the United States, as I am, they would protect these tax credits.”

The op-ed follows the release of the Senator’s comprehensive report that found Georgia risks losing up to 42,000 good-paying jobs if Washington Republicans repeal the clean energy tax credits. Since the tax credit’s passage, clean energy jobs and investments exploded across the country, but nowhere was that growth more potent than in Georgia. In less than three years, 51 new projects in Georgia worth over $28 billion have been announced or boosted by the clean energy tax credits. According to the Senator’s report, in Georgia, nearly all the new investments and new jobs are in counties outside of the Atlanta region. Over 70 percent of the new investments and 83 percent of new jobs are in counties with median family incomes below the national median. More than 95 percent of the new jobs and investments are in counties where the percentage of people with a bachelor’s degree is below the national average.

The full op-ed is available HERE and below. 

This week, Washington politicians are voting on partisan legislation to cut taxes for billionaires by repealing clean energy tax credits that are creating tens of thousands of manufacturing jobs and are bringing billions of investments to communities across Georgia. It’s up to us to speak out and keep these good-paying, advanced manufacturing jobs coming to communities that are too often overlooked.

The sad truth is cynical politicians want to repeal these tax credits because they were passed by a Democratic Congress and signed into law by a Democratic president. They’re so focused on the politics that they’re willing to take good-paying jobs, which often don’t require a college degree, away from their constituents. If we set politics aside and center what’s best for ordinary people, there’s no doubt everyone would come together to protect these tax credits and thousands of Georgia jobs.

During my first term in the Senate, I was proud to champion these clean energy tax credits, which were passed as part of landmark climate legislation in August 2022. Since then, clean energy investment has exploded across Georgia. In less than three years, businesses have announced or advanced 51 new projects worth over $28 billion in our state. In fact, Georgia has benefited from these clean industry tax credits more than any other state. New projects are expected to add nearly 42,000 jobs across all corners of Georgia. More than 95% of these new jobs are outside metro Atlanta, and these projects overwhelmingly benefit places where folks are less likely to have a college degree and don’t earn as much as the average American. 

This month, I laid out the benefits of these tax credits in a report that outlines Georgia’s Clean Energy Boom. In an era defined by gridlock, Democrats and Republicans across the state agree: these clean energy manufacturing jobs are good for Georgians and their families.

Congresswoman Marjorie Taylor Greene said solar panel manufacturer Qcells, which will invest over $2.5 billion in projects across Georgia, partially thanks to these tax credits, is “fantastic” and claims her constituents are “excited to have jobs”. Congressman Barry Loudermilk, whose congressional district is home to a future Qcells facility, praised the company’s solar panel production as a “win for our state” and a “great source of jobs”.

Congressman Buddy Carter has noted that “countless American companies” have used the tax credits to make “major investments” in clean energy. His constituents alone stand to benefit from 11 new clean energy projects representing nearly $7.9 billion in investments and 7,400 new jobs announced after these tax credits were signed into law. The congressman has supported preserving these private sector investments, which he said, “increase domestic manufacturing, promote energy innovation, and keep utility costs down.”

If Washington Republicans move forward with a GOP tax bill that repeals these clean energy tax credits, it’s their districts that will lose jobs and private investments: three out of four clean energy projects that were announced or boosted following the passage of these tax credits have gone to House districts held by Republicans. This is especially true in Georgia: 80% of the projects, 94% of the total investments, and 75% of the proposed new jobs and investments are in Congressional districts represented by Republicans.

By repealing clean energy tax credits to give a tax cut to the wealthy and well-connected, Washington Republicans could cause Georgia to lose up to 42,000 jobs in communities desperate for new jobs and investments. If the President and Congressional Republicans were serious about bringing American manufacturing back to the United States, as I am, they would protect these tax credits.

Politics has a way of trying to make easy stuff, complicated. I’ll tell you what’s not complicated – 51 new projects worth $28 billion all across our state and up to 42,000 new jobs. Georgians are smart enough to know who is actually looking out for them. Now, it’s up to Georgians to ask their Congressional representatives: when the GOP tax bill comes up for a vote, are you going to protect good-paying Georgia jobs?

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