American renewables organizations sound the alarm
If there are no changes to the tax reform adopted by the US Senate over the weekend, it will result in "huge instability and uncertainty", says the American renewables industry.
The solar and wind industry in the US has been thrown into uncertainty. Saturday night, a small majority of the Senate adopted a tax reform, which introduces several elements that could fundamentally risk eroding investments in renewables. Even though the proposal does not directly wind down the PTC scheme and Safe Harbor provision, as does the proposal from the House of Representatives.
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