President Trump directed the Treasury Department on Monday to take a strict approach to limit which projects are eligible for wind and solar tax credits.
The recently passed Republican megabill ends the tax credits for wind and solar projects unless solar or wind farms start producing electricity by 2028 — or unless they start construction in the next year.
Trump’s executive order tells his administration to limit which projects can count as having started construction.
3 Comments
infinitevalence@discuss.online · 8 pts · 1y
Killing more jobs...
bob@beamship.mpaq.org · 1 pts · 1y
@SteveKLord
Don't worry about "tax credit", just do it
SteveKLord@slrpnk.net · 1 pts · 1y
I definitely agree that people should move forward with solar / wind however they can, especially DIY projects. This will hurt people on on an industrial scale, though and will likely hurt many companies and jobs so it's still important to be aware and prepared at the least.