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Tag: Clean Energy

Trump Tax Bill Threatens Georgia’s Clean Energy Boom and Local Jobs

Trump Tax Bill Threatens Georgia’s Clean Energy Boom and Local Jobs

Trump Tax Bill Threatens Georgia’s Clean Energy Boom and Local Jobs A looming tax cut bill, championed by former President Donald Trump and potentially days from final passage, poses a significant threat to a burgeoning clean energy sector in Georgia, including a pro-Trump town. Cartersville, Georgia, located in overwhelmingly Republican Bartow County, stands to lose thousands of promised jobs and billions in investment from two South Korean companies, Hyundai Motor Group/SK On and Qcells. These companies, building electric battery and…

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US Senate Proposal to Phase Out Solar and Wind Tax Credits by 2028: An Analysis

US Senate Proposal to Phase Out Solar and Wind Tax Credits by 2028: An Analysis

US Senate Proposal to Phase Out Solar and Wind Tax Credits by 2028: An Analysis A recent proposal by a Senate panel to eliminate solar and wind energy tax credits by 2028 has sent ripples through the renewable energy sector and sparked intense debate. This proposal, part of a broader tax-cut and spending bill, significantly accelerates the timeline established by the 2022 Inflation Reduction Act, which originally planned a phase-out starting in 2032. The bill suggests a 20% annual reduction…

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