Proposed US clean energy tax breaks could be transformational, but risks loom

摘要

Renewable energy developers are cheering the U.S. House ofRepresentatives' proposal to expand and extend tax credits for cleanpower projects as part of a new budget reconciliation package.But to receive the full benefits of the credits, utilities and otherproject owners would need to meet domestic content and laborrequirements that industry members say could be tough to satisfy.And large generators face potential headwinds from a proposedcorporate alternative minimum tax that could eliminate the use ofcertain deductions beneficial to renewable energy development.