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Trump Orders Stricter Enforcement of Clean Energy Tax Rules

Bloomberg · last updated

US President Donald Trump called for new rules that would restrict access to tax incentives for solar and wind projects that already had been pared back by his $3.4 trillion budget bill designed to end green energy incentives.

Trump directed the US Treasury Department to more strictly define when a project has started construction, including restricting the use of efforts to lock in tax credits unless a substantial portion has been built, according to an executive order issued Monday.