...Which industries got the biggest favors inserted into legislation that The Hill columnist Joe Concha called “the swampiest thing ever”? Without a doubt, it was the solar- and wind-energy sectors. According to a December 21 estimate from the Joint Committee on Taxation, the extension of the solar sector’s investment tax credit (ITC) will cost the American treasury another $7 billion between now and 2030...Those billions will be added to the $27 billion in ITC credits that were already designated for the solar sector and $34 billion in PTC that will be collected by Big Wind between now and 2029.
...In 2018, the American solar industry got roughly 250 times as much in federal tax incentives as the nuclear sector, when compared by the amount of energy produced.
Coming in a close second is the wind sector, which got about 160 times as much as nuclear...Read all.
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