The biggest favors in the Manchin-Schumer bill are going to – who else? — Big Wind and Big Solar. Indeed, the language in the bill assures that the federal tax credits for wind and solar will not expire for decades to come.
It’s been reported that Schumer-Manchin extends the PTC and ITC for 10 years through to 2032 but that’s not what the language says. The credits phase out after 2032, but
. To achieve this level of emission reduction, the US would have to severely constrain the public’s access to reliable generation, which won’t happen. The upshot is that the wind industry, after 30 years, has found a path to making the 1992 PTC permanent! Billions of dollars more in PTCs and ITCs will pour into Big Wind and solar projects that are not accounted for in the 10-year, $260 billion price tag Senator Wyden cited.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Those big wheels on your car or truck are costing you big timeBig wheels cost more, decrease gas mileage, provide a harsher ride and can be harder to replace if damaged.
Weiterlesen »
Big furniture brands like IKEA might help slow down rampant illegal loggingIKEA and other major furniture retailers get much of their wood from forests crucial for biodiversity, stripping land of trees faster than is healthy.
Weiterlesen »
Drury is the big bat in new guys' debut, as Padres rout RockiesBrandon Drury hits first-inning grand slam in first game with Padres since he, Juan Soto, Josh Bell were acquired in Tuesday trades
Weiterlesen »
It’s Time for Big-Name Artists to Join Music’s New Labor MovementA new proposal by Rep. Rashida Tlaib calls for streaming services like Spotify to divert some of their record profits to musicians in the form of direct royalties. An indie-rock veteran (remember Galaxie 500?) explains why your favorite major-label artists have yet to join the chorus of calls for change.
Weiterlesen »
Police Searching for Woman Seen Bloodied and Screaming From Big Rig Cabin in NJPolice in New Jersey are searching for a white semi-truck after a bloodied woman was allegedly seen yelling from the big rig's cabin Wednesday:
Weiterlesen »