Wind, Solar Credits Face Shorter Phase-Out in New Tax Bill (1)

Key tax incentives for US wind and solar projects would face a more aggressive phase-out in the Senate’s latest version of President Donald Trump’s spending package.

The tweak, which follows pushback by Trump on the Inflation Reduction Act credits, would sharply limit the number of solar and wind farms that qualify for incentives, appeasing opponents while risking the ire of moderate members who argued for a slower phase-out.

Under the new version of the $4.2 trillion tax and spending package released late Friday, wind and solar projects would need to be up and running by the end of 2027 ...