House releases tax credit to incentivize new clean energy sources
WASHINGTON – Reps. Tom Reed, R-Corning, and Jimmy Panetta, D-Calif., have released a discussion draft of the Energy Sector Innovation Credit Act, a bipartisan bill to encourage U.S. energy market innovation and tackle the challenges presented by climate change. “Our climate is changing. There is no denying this,” Reed said. “We must unleash the greatest asset we have available to prevent this pending crisis – the power of American ingenuity and innovation. This tactic has proven time and time again to solve world problems – and this situation will be no different. By ...