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Negative Energy: Senate Bill Would End Tax Credits for Renewables and EVs, But Boost Coal, Gas and Nukes

The Senate is likely to pass legislation that would fail to extend tax credits for renewable energy and electric vehicles but does include financial incentives for coal, natural gas and nuclear power – the direct opposite of what’s needed for America’s transition to a clean energy future.  Sen. Ron Wyden of Oregon, the top-ranking Democrat on the Senate Finance Committee, said it would take a miracle for the Republican-controlled upper chamber to agree to include an extension of certain federal tax credits for renewables and EVs in the comprehensive energy bill now under consideration.  Read more....

 

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