Senate GOP Bill Cuts Clean Energy Incentives and Introduces New Tax
TL;DR Summary
An updated Senate bill proposes to cut tax incentives for wind and solar projects, basing credits on when projects begin producing electricity and introducing a new tax on projects using components from China, potentially hindering renewable energy growth and investment.
- Updated Senate bill slashes wind and solar incentives – and adds a new tax The Hill
- Inside Congress Live Politico
- Senate’s tax bill seeks to gut clean energy; Musk calls it ‘utterly insane’ The Washington Post
- Inside a Last-Ditch Battle to Save (or Kill) Clean-Energy Tax Credits The New York Times
- E&E News: GOP releases megabill text with land sales, tax credit rollbacks POLITICO Pro
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