GOP's Plan to Eliminate Biden's Energy Credits for Tax Cuts

Reported about 12 hours ago

House Republicans are proposing to eliminate the electric vehicle tax credit and phase out clean energy incentives to help finance President Trump's tax cuts. The draft legislation outlines a gradual phase-out of popular tax credits by 2031, while keeping some credits related to carbon capture and biofuels. This move has raised concerns among clean energy producers, but could benefit U.S. solar manufacturers as it may not be as aggressive as initially feared.

Source: YAHOO

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