Updated Senate bill slashes wind and solar incentives – and adds a new tax

Jun 29, 2025 - 00:01
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Updated Senate bill slashes wind and solar incentives – and adds a new tax
An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy – and adds a new tax on future wind and solar projects. The initial draft released by Senate Republicans earlier this month cut the credit for any wind and solar projects that did not “begin construction” by certain dates, while the latest…