Senate tax plan leaves electric-car purchase credit in place

U.S. Capitol BuildingThe battle over early termination of the U.S. income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. The U.S. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit...

Senate panel rejects clean-energy cuts, boosts DoE funding instead

Offshore wind farmThe Senate Committee on Appropriations recently exhibited a quality somewhat rare in U.S. politics these days: bipartisanship. The committee released a lengthy report on the 2018 fiscal year budget for the Department of Energy that walks away from the Trump Administration's efforts to defund clean energy. In fact, the committee voted on a...