Climate Changed
U.S. Tax Reform Would Leave Renewable Energy Out in the Cold
- Proposals would ‘disrupt the economics of clean energy’
- Lower corporate tax rates may reduce supply of tax equity
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The prospects for a broad tax reform with lower corporate rates has excited business leaders and boosted the stock market -- except for renewable energy.
Tax reform “will make renewables more expensive,” Keith Martin, a partner at law firm Norton Rose Fulbright, said in an interview Tuesday at Infocast’s Solar Connect conference in San Diego.