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Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar
The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act while sparing others.
The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act (IRA) while sparing others. Senate Republicans are moving to swiftly end residential solar tax credits, giving people just 180 days after the bill is signed to claim them. The main 45Q tax credit currently differentiates between uses of the captured carbon, with companies using it for enhanced oil recovery receiving less money, for example.
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