Renewable-Energy Backers Want 10-Year Tax Credits in Biden Plan

The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, lobbying for a decade-long extension of coveted tax credits as the White House drafts a recovery proposal that could top $3 trillion.

Lobbyists for the industry want to attach the long-term extension of credits used by the wind, solar and other industries, to the plan -- a windfall that would be worth billions of dollars if successful.

“The flood gates are open,” said Paul Bledsoe, a former Senate Finance Committee staffer now with the Progressive Policy Institute. “Everyone is trying ...