Senate removes excise tax on renewable energy industry from Trump domestic policy bill

Senate removes excise tax on renewable energy industry from Trump domestic policy bill

The Senate bill containing President Trump’s domestic policy agenda at the last minute eliminated a new excise tax that would have hammered the renewable energy industry, a move that likely ensured Republican Sen. Lisa Murkowski of Alaska would back the measure.  The excise tax would have been imposed on wind and solar energy projects constructed … Read more

Senate version of Trump’s “big, beautiful bill” would pummel renewable energy industry with new tax

Senate version of Trump's "big, beautiful bill" would pummel renewable energy industry with new tax

The latest version of the bill containing President Trump’s second term agenda would hobble the renewable energy industry with a new excise tax, in addition to speeding up the sunsetting of tax credits and other benefits. The additional tax on wind and solar projects, which appeared on page 558 in the version of the bill … Read more