Provo, Utah — Senator John Curtis (R-UT) today issued the following statement in response to guidance posted by the Department of Treasury regarding Executive Order 14315, Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources (90 F.R. 30821), issued July 7, 2025:
“I appreciate the work of Secretary Bessent and his staff in balancing various concerns and perspectives to address the President’s executive order on wind and solar projects. Throughout these conversations, we have shared the goal of responsibly ending the decades-long tax credits for these industries while providing a soft landing. I look forward to further reviewing these changes to understand their full impact.”
“I will continue working to ensure Utah companies—and all American innovators—have the certainty and opportunity they need to deliver the future we all want: affordable, reliable, clean energy rooted in American ingenuity.”
Background:
A new economic analysis by ICF, commissioned by the American Clean Power Association, shows that federal programs and clean energy tax incentives, maintained during conversations with the Administration, are projected to deliver major economic benefits to Utah from 2025–2035.
- 126,800 full-time equivalent jobs created or supported in Utah — averaging about 11,500 jobs per year
- $5 billion in additional income for Utahns
- $33 billion in total spending from investments in American energy infrastructure
- $17 billion added to Utah’s economy over the next decade from clean energy investment alone
These benefits span multiple sectors:
- 61,000 jobs in clean transportation
- 16,800 jobs in the power sector
- 29,500 jobs in building electrification and efficiency
- 2,300 jobs in sustainable aviation fuel
- 28,100 jobs in new manufacturing