Inside Clean Energy: Clean Energy Wins Big in Covid-19 Legislation

Senate Majority Leader Mitch McConnell, Republican of Kentucky, walks to his office from the Senate Floor at the US Capitol in Washington, DC on Dec. 18, 2020. Credit: Saul Loeb/AFP via Getty Images Clean energy industries got their biggest legislative win in a long time this week, thanks to provisions tucked into the $900 billion Covid-19 stimulus relief bill passed by Congress on Monday. The legislation is not a done deal until President Donald Trump signs it, and he is making noises that he wants to see larger direct payments to Americans as part of the Covid relief. So this review of the bill comes with the caveat that it’s not yet law and the situation is unusually volatile. Deep in the 5,000-plus page bill, lawmakers included extensions of tax credits for solar power and onshore wind, plus five years of a new tax credit for offshore wind. Sign up for our newsletters to get more stories like this from ICN delievered straight to your inbox. But not everybody walked away with what they wanted. The energy storage industry, for example, has pushed for years to get its own tax credit, but hasn’t gotten it yet. The bill contains […]

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