House Republicans Seek Flexibility to Clean Energy Tax Phaseout

Thirteen House Republicans are asking for “three thoughtful changes” to the legislation that phases out former President Joe Biden’s clean energy tax credits.

The House Ways and Means Committee on Monday proposed the phaseout or cancellation of several lucrative subsidies from Biden’s signature climate law, the Inflation Reduction Act.

On the block are several credits related to wind and solar power, hydrogen, and other technologies meant to cut greenhouse gas emissions.

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