Reported 6 months ago
The Biden administration is expanding tax credits beyond wind and solar to include a wider range of clean energy technologies like nuclear fission and fusion under the Clean Electricity Production Credits and Clean Electricity Investment Credits, set to be available in 2025 as existing wind and solar tax credits expire. The new credits aim to help the U.S. achieve a net-zero emission power sector by 2035 and could lead to a significant reduction in greenhouse gas emissions. However, some environmental groups are concerned that the credits could inadvertently support controversial energy sources.
Source: YAHOO