Solar Industry Pushes for ITC Extension After Trump’s Coal-Rule Rollback

By [email protected] Calls for an investment tax credit extension (ITC) are intensifying in some quarters of the U.S. solar industry in the wake of a federal rule designed to buoy coal-fired generation.

Last week the Trump administration finalized its repeal of the Obama-era Clean Power Plan, replacing it with the Affordable Clean Energy rule. The new standards allow states to set their own emissions requirements on individual coal plants, or none at all.

Analysts say the new rule may slow emissions reductions and lengthen the operating timeline of coal plants. The Environmental Protection Agency’s analysis of the proposed rule estimates it may result in

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