Tell Congress to defend market-preferred U.S. clean energy!

The six largest U.S. banks (Morgan Stanley, Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, and Bank of America) have collectively decreased their investment in fossil fuels by a sharp 25% year-on-year in the seven-month period to August 1, 2025 — despite unprecedented political persecution of clean energy and favoritism towards fossil fuels by the White House. In dollar terms, that’s a fall from $97 billion to fossil fuels in the first 7 months of 2024 down to $73 billion to fossil fuels in the first 7 months of 2025.

“Wall Street has seen a significant decline in its financing of fossil fuel projects, as markets prove more powerful than net zero goals in shaping loan and bond portfolios…

If the latest data on fossil-fuel financing is any guide, US banks may now be reducing emissions in response to the forces of capitalism.”

— Bloomberg News

This is a U.S. example of the overwhelming global market trend towards ever-cheaper clean energy!

The International Energy Agency projects that in 2025 worldwide, $2.2 trillion is set to be invested in clean energy, twice as much as the $1.1 trillion set to be invested in fossil fuels. Clean energy investment has almost doubled in the past five years, and solar investment is now the largest category of global energy investment.

The market has recognized that clean energy is a civilization-scale technological revolution. Humanity stands at the dawn of an unprecedented abundance of cheap power and cleaner air! But the current U.S. executive branch is hell-bent on propping up the dying fossil fuel industry by any means necessary, actively sabotaging fast-growing clean energy at the expense of American households and the entire nation.

Recently released Treasury Department tax credit rule changes make it even harder to build wind and solar projects, for no good reason at all. A recent report calculated that the White House plan to pointlessly keep aging and increasingly expensive fossil fuel plants open by executive fiat is likely to cost U.S. utility customers over $3 billion per year through 2028. U.S. household electricity prices are rising sharply as clean energy, which provided over 90% of new electricity-generating capacity built in 2024 both in America and worldwide, is hobbled and attacked by senseless red tape.

Congress must act to stop this world-historic national sabotage and use every available option to make it easier to build clean energy in America. Hold up nominees, include riders in must-pass bills, insist on red lines in budget negotiations — whatever it takes. The White House is pursuing Soviet-style statist intervention to prop up expensive and dirty fossil fuels. Congress should play to America’s strengths and let the free market advance a clean, cheap, and abundant energy future.

Tell Congress to defend market-preferred U.S. clean energy!