Republican Senators Urge Treasury To Ease Renewable Tax Credit Rules

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...