Just before 2am on Saturday morning, Senate Republicans passed their $1.5 trillion Tax Cuts and Jobs Act, a hastily written and hurried bill that will affect Americans all across the country and end up increasing the country’s deficit by $1 trillion, while under the radar the bill will also threaten the country’s renewable energy industry.
With the Senate Republican tax bill racing towards a contentious vote despite numerous obstacles, a group of American energy trade bodies have penned an open letter raising urgent concerns that claim a provision, if it remains as-written, would have dire impacts on the country’s renewable energy industry.
In recent media coverage of the US–China solar trade petition, there has been an uptick in predictions that all parties are headed toward a negotiated settlement. I hear these sentiments echoed in my conversations with solar companies who are choosing to wait and see how the SolarWorld petition plays out rather than speak … [continued]
