GE Vernova Pushes Provisions in Tech-Neutral Tax Credit Rules

GE Vernova urged the IRS and Treasury Department to include some industry-friendly provisions in upcoming guidance for tech-neutral green energy tax credits.

The US energy company asked the agencies in a letter released this week to publish a list of technologies that produce no greenhouse gas emissions in the generation of electricity—including wind, solar, hydropower, and nuclear—and for the rules to make clear that these technologies won’t have to perform a lifecycle analysis used to assess the environmental impact of a project.

GE Vernova, born out of the recent breakup of General Electric, also asked that facility construction emissions be ...