As part of their major tax cut and spending bill passed Thursday morning, House Republicans approved a faster phase-out of clean energy tax credits, although they offered some last-minute relief for nuclear energy.
The crackdown on green subsidies created or expanded through the 2022 Inflation Reduction Act, which was passed by Democrats and signed by former President Joe Biden, came as part of the revised reconciliation bill, the text of which wasn’t released until late Wednesday night.
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