New tax rules could cripple renewables in the US
Sources tell Bloomberg that the tax reform proposal from the US Senate could have serious consequences for investments in wind turbines and solar panels. A new minimum tax would be "draconian" for the industry, says one source, while another says that "it literally will grind our industry to a halt".
The gravity in the proposal from the US Republicans is clear for the renewable energy industry in the country, say several sources after the Senate passed the legislative proposal Saturday night local time with a 51 to 49 vote.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
The wind industry is squeezed but the future is bright
For subscribers
.jpg&w=384&q=75){kind=logo}
