Politics - CBSNews.com
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The latest version of the bill containing President Trump's second term agenda would hobble the renewable energy industry with a new excise tax, in addition to speeding up the sunsetting of tax credits and other benefits.
The additional tax on wind and solar projects, which appeared on page 558 in the version of the bill released over the weekend, is estimated to increase consumer energy prices 8% to 10% and would tax clean energy businesses an additional $4-$7 billion by 2036, according to an analysis by the American Clean Power Association.
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