The Senate Finance Committee’s portion of the Republican megabill, released Monday evening, is not the language renewable energy advocates were looking for.
Senators have been saying for weeks that they would be more lenient than the House-passed “One Big Beautiful Bill Act” when dealing with tax credits from the 2022 Inflation Reduction Act.
But even though the new text is friendly to geothermal, nuclear and hydropower, it doesn’t do much to protect incentives for wind, solar and hydrogen.