Senate GOP Targets Wind and Solar Energy in New Budget Bill

Reported about 12 hours ago

Senate Republicans have unveiled a budget bill that notably diminishes tax credits for wind, solar, and hydrogen energy while providing protections for nuclear and geothermal energy. The bill proposes a swift end to residential solar tax credits and tighter timelines for commercial projects, with incentives for hydrogen ceasing this year. Conversely, geothermal and nuclear technologies receive extended tax credit phases, aligning with GOP aims to support certain renewable energies while limiting others.

Source: YAHOO

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