Shapiro's Third Budget Address to Focus on Energy and Revenue

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Shapiro's Third Budget Address to Focus on Energy and Revenue
BUDGETENERGYPENNSYLVANIA
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Pennsylvania Gov. Josh Shapiro will deliver his third budget address, focusing on energy policy and new revenue sources to address a $4.5 billion shortfall. Shapiro plans to expand on his 'Lightning Plan' for the state's energy industry, which includes incentives for nuclear and renewable energy, a fast-track commission for energy projects, and a revamped tax credit. He will also advocate for increased investments in education, public safety, and other areas.

Gov. Josh Shapiro, a Democrat in his first term, is expected to focus his third budget address on energy policy and finding new revenue generators to address an upcoming $4.5 billion budget shortfall.will deliver his third budget address on Tuesday to a joint session of the state House and Senate, as the state faces

His “Lightning Plan” consists of creating a new fast-track commission for energy and electric projects in the state, a revamped tax credit for energy and hydrogen projects, a promise to create incentives for nuclear and renewable energy initiatives, and more. Republican leaders have cast doubt that the plan will actually foster a thriving energy industry.

Facing reelection in 2026 — and with a growing national profile as a front-runner for the Democratic presidential primary — he could lean into the issue this year.Three of Shapiro’s budget priorities didn’t happen as part of last year’s budget that he is expected to again pitch on Tuesday: regulating skill games, legalizing recreational marijuana, and raising the state’s $7.

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