IRA tax credit repeal could drive up electricity prices, lead to power shortfalls, reports say
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IRA tax credit repeal could drive up electricity prices, lead to power shortfalls, reports say
U.S. consumers may pay more for electricity over the next decade if Congress repeals the Inflation Reduction Act's Section 45Y investment and Section 48E production tax credits.
·United States
Read Full ArticleAfter House passes budget resolution, it's prime time to defend the IRA
After House passes budget resolution, it’s prime time to defend the IRA By Dana Nuccitelli, CCL Research Coordinator Earlier this week, the House of Representatives passed a budget resolution, which directs all the committees in the House to either spend or cut certain amounts from their budgets for the next 10 years. The Energy & Commerce Committee, for example, was directed to cut $880 billion in spending. The question each committee now has t…
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