The Energy 202: Tax Debate Opens Door For Renewables To Get Same Break As Fossil Fuels


Publish Date:
October 25, 2017
  • Grandoni, Dino
The Washington Post
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As solar and wind power make up a small but increasing share of U.S. electricity generation, at least one member of the Trump administration has pointed out that the renewable energy sources are propped up by federal tax subsidies.

“I’d let them stand on their own and compete against coal and natural gas and other sources,” Environmental Protection Agency chief Scott Pruitt said of solar and wind energy this month.

Right now, only large institutional investors, such as Google and Goldman Sachs, can make investment plays that take advantage of renewable tax credits. The MLP proposal would, in contrast, “open up to regular people the ability to invest in clean energy,” said Dan Reicher, executive director of the Steyer-Taylor Center for Energy Policy and Finance at Stanford University who helped craft the Coons-Moran proposal.

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