From Investing.com: 2024-11-16 22:35:46

The U.S. utility industry urges Trump administration to keep clean energy and EV tax credits in the Inflation Reduction Act, says Edison International CEO. The IRA, a key climate change law, faces repeal by Trump. Lobbying efforts are underway to show benefits for businesses and consumers. Trump’s team plans to eliminate $7,500 EV tax credit, causing concern among manufacturers like Rivian and Tesla. Former Energy Secretary Dan Brouillette, now working with transition team, highlights importance of IRA tax credits for industry growth. EEI members will advocate for IRA benefits on Capitol Hill in the coming months.



Read more at Investing.com: US utilities want Trump, Republicans to save IRA tax credits, Edison CEO says By Reuters