A New Green Tax-Credit Market Is for Corporations. Some Wealthy People Want In.

📆 8/9/2023 2:16 PM
📰 WSJ

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Some tax advisers say individuals should be able to use the same lucrative tax-credits deal offered to corporations under President Biden’s climate law

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https://www.wsj.com/articles/a-new-green-tax-credit-market-is-for-corporations-some-people-want-in-73704f7fUpdated Aug. 11, 2023 10:21 am ETAs extreme temperatures strain electric grids in the U.S., many parts of the country could face blackouts. Solar energy can help protect the grid during extreme heat, but it comes with the added cost of increasing climate waste and decreasing efficiency.

WASHINGTON—President Biden’s signature climate law gives corporations a new and lucrative opportunity: Spend $910,000 to buy clean-energy tax credits and shave $1 million off your tax bill.Continue reading your article with

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