Reported 7 days ago
The U.S. utility sector, represented by Edison International's CEO Pedro Pizarro, is advocating for the incoming Trump administration and Republican-led Congress to maintain clean energy and electric vehicle tax credits from the Inflation Reduction Act (IRA), a key legislation aimed at fighting climate change. Despite Trump's intention to repeal the IRA, Pizarro emphasized that the tax benefits from the IRA serve both businesses and consumers, and are essential for fostering industry growth. Utility groups plan to actively promote the advantages of the IRA to Congress in the coming months.
Source: YAHOO