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Proposed tax rules risk choking U.S. clean energy projects over China supply links
3 Articles
3 Articles
Proposed tax rules risk choking U.S. clean energy projects over China supply links
A budget bill moving through Congress could block most U.S. clean energy projects from receiving tax credits if any part of their supply chain includes ties to China.Dan Gearino reports for Inside Climate News.In short:The Senate version of the “One Big Beautiful Bill Act” includes language that defines “prohibited foreign entities” so broadly that it could disqualify projects over minimal links to Chinese suppliers.The tax credit restrictions a…
Market Consensus Link Securities The US President's proposed tax and spending package, Trump, poses major threats to the renewable energy sector, according to StreetAccount analysts. Thus, the Senate bill introduces new taxes aimed at wind and solar projects with Chinese components after 2027, while tightening qualification standards, which require projects to be operational by 2027, rather than simply having started. In addition, they point ou…
Vote Alert: CPA Urges Senators to Reject Amendments to Strike, Weaken FEOC Excise Tax - Coalition For A Prosperous America
Would be a blatant gift to China’s Solar Industry The Coalition for a Prosperous America (CPA) strongly opposes any amendments to eliminate or weaken the Foreign Entity of Concern (FEOC) Excise Tax from President Trump’s One Big Beautiful Bill. This excise tax is essential to protecting American manufacturers and workers from China’s subsidized solar industry, which relies heavily on forced labor and c…
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