House Republicans unveiled a massive tax reform bill last week. While it wasn’t as damaging to renewables as many feared, the changes still pose a threat.
Wind and electric vehicles stand to lose the most. Lawmakers are looking to slash tax credits for wind by more than a third and eliminate the $7,500 federal credit for electric-vehicle purchases. The Senate is crafting its own version of the bill, however, so many of the proposals in the House version may never become law.