By Jeff Spross | Climate Progress
Wednesday afternoon, Senate Finance Committee Chairman Max Baucus (D-MT) dropped his proposal for reforming the tangled web of tax breaks and credits that currently go to boost renewable energy. To shamelessly paraphrase the classic Clint Eastwood western, some of its good, some of its bad, and at least one part of it is downright ugly.
All told, the reform either scraps or consolidates 22 different tax subsidies, and replaces them with two tax credits that each come in two flavors:
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If you’d like to discuss energy issues, contact Court Rich, director of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
