Climate Changed
Solar, Wind Face Stealth Tax Problems From Republican Compromise
- Uncertainty prevails for $12 billion market in tax equity
- ‘It’s a question of how bad it will be,’ tax lawyer says
Fighting Climate Change, Without the U.S.
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A deal meant to preserve a key source of financing for wind and solar developers in the Republican tax bill contains some hidden pitfalls that could undercut its benefit.
"If Congress thought they were eliminating the trouble for renewables, they were wrong,” Greg Jenner, a partner at law firm Stoel Rives LLP, said in an email Monday. "It’s a question of how bad it will be."