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Republican Senators Urge Treasury To Ease Renewable Tax Credit Rules

May 27, 2020
Three Republican senators are asking the Treasury Department to ease the path for renewable energy projects to qualify for sought-after tax credits, arguing that disruption from the COVID-19 pandemic will disqualify them from legal “safe harbors” unless the agency acts. A May 21 letter from Sens. Susan Collins (R-ME), Lisa Murkowski (R-AK) and Thom Tillis (R-NC), addressed to Treasury Secretary Stephen Mnuchin, is a rare call by Republican lawmakers for a policy shift specifically to boost zero-carbon renewable energy, instead...

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