Key provisions of the Senate’s version of the bill, intended to advance President Donald Trump’s tax and spending agenda, were released by the Senate Finance Committee on Monday.
While Republicans in the upper chamber aligned with those in the House on targeting green subsidies created or expanded by the 2022 Inflation Reduction Act, members of the Senate have opted to take a more lenient approach.
Small wins for wind, solar, and baseload clean power
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Similar to the House-passed legislation, the Senate’s legislative bill would repeal tax credits for renewables such as wind and solar. The cuts, though, don’t go as far.
The House version would end “technology-neutral” tax credits, which apply to any zero-emissions electricity generation, for all clean energy projects, except nuclear, unless they can start
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