U.S. Congress Slashes Support For Renewables And EVs

With all the rhetoric about governing for all Americans,
sometimes politics is just about picking winners and losers. Take
the ongoing soap opera of who in the energy sector is likely to
gain or lose benefits from the current Congressional tax plan.
While retaining at least $15 billion in tax subsidies for fossil
fuel producers (coal, crude oil, natural gas), the House of
Representatives plan would slash support for both renewables and
the electric car industry. The primary move criticized by both the
renewable community and environmentalists are…

With all the rhetoric about governing for all Americans,
sometimes politics is just about picking winners and losers. Take
the ongoing soap opera of who in the energy sector is likely to
gain or lose benefits from the current Congressional tax plan.
While retaining at least $15 billion in tax subsidies for fossil
fuel producers (coal, crude oil, natural gas), the House of
Representatives plan would slash support for both renewables and
the electric car industry. The primary move criticized by both the
renewable community and environmentalists are…