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
The tax credit expires when the cleanliness of the US electricity market increases significantly. Any facility producing electricity that is about 25% cleaner than the average for all electricity production facilities will receive a tax credit. The cleaner the facility, the larger the credit. Clean fuels tax credit.
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