Clean energy tax credits under President Biden's landmark Inflation Reduction Act could face the chopping block if the GOP sweeps the November elections.
Clean energy tax credits under President Biden's landmark Inflation Reduction Act could face the chopping block if the GOP sweeps the November elections.
The GOP unanimously opposed the legislation and has repeatedly threatened repeal, arguing it is too costly. Solar industry CEOs believe the tax credits will prove durable because they support manufacturing in GOP districts.Solar industry CEOs are confident a Republican victory in the 2024 election wouldn't spell the end of government support for clean energy investments, particularly for manufacturing, despite GOP threats to gut President Biden's landmark Inflation Reduction Act.
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