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@ Layer3.news
2025-05-24 17:00:19
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SOLAR STOCKS HIT WITH STEEP LOSSES AS TRUMP TAX BILL THREATENS CLEAN ENERGY INDUSTRY
https://s.yimg.com/ny/api/res/1.2/ssmRB55PuZoHzx3.dJVagg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-05/9a29b940-3737-11f0-86fb-0e151996222c
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✍️ Solar stocks plummeted after the House passed a tax-and-spending bill that threatens the industry's tax credits and production incentives.
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👉 The House passed a tax-and-spending bill that threatens the solar industry's tax credits and production incentives
👉 The bill proposes ending key investment and production tax credits from the Biden-era Inflation Reduction Act three years earlier than expected
👉 The solar industry is expected to ramp up lobbying efforts to persuade the Senate to roll back the more severe provisions
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#PavelMolchanov #InesFerre #business
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