Friends of the Earth: IRA Clean Electricity Credits Under Threat of Becoming New Fossil Fuel Handout
October 30, 2024
October 30, 2024
WASHINGTON, Oct. 30 (TNSres) -- Friends of the Earth issued the following news release:
A new analysis from Friends of the Earth shows that Big Oil and Big Ag are lobbying to co-opt key provisions of the Inflation Reduction Act. The Biden Administration is under pressure from polluters to include accounting gimmicks in the implementation of the new 45Y and 48E Clean Electricity Tax Credits - two of the most important provisions in the entire law for decarbonizing the power grid. If . . .
A new analysis from Friends of the Earth shows that Big Oil and Big Ag are lobbying to co-opt key provisions of the Inflation Reduction Act. The Biden Administration is under pressure from polluters to include accounting gimmicks in the implementation of the new 45Y and 48E Clean Electricity Tax Credits - two of the most important provisions in the entire law for decarbonizing the power grid. If . . .