Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits
Green Car Congress
DECEMBER 19, 2013
Of the 42 different energy incentives, 25 are temporary and expire every year or two, and the credits for clean electricity alone have been adjusted 14 times since 1978. If Congress continues to extend current incentives, they will cost nearly $150 billion over 10 years. Specific proposals include: Clean electricity tax credit.
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