Battery boosters pushing Congress to give industry a tax credit
by Brian Eckhouse and Jennifer A Dlouhy, Bloomberg
Renewable-energy advocates are pushing Congress to create a tax credit for power-storage systems, a move that may help unlock new opportunities for wind and solar nationwide.
A storage tax credit would boost the grid’s resiliency and reliability, they say, key buzzwords in the Trump administration’s campaign to save struggling nuclear and coal-fired power plants. But so far, congressional Republicans aren’t biting.
Latest posts by Guest Blogger (see all)
- Expansion of fossil-fuel vehicle phase-outs moves world one step closer to a climate-safe future - April 22, 2020
- Germany goes greener with $95 billion push for train over plane - January 14, 2020
- EU sets out trillion euro plan to avert ‘climate crash’ - January 13, 2020
Leave a Reply
Want to join the discussion?Feel free to contribute!