White House set to increase clean energy tax credits by $5bn

clock • 3 min read

Huge increase in tax breaks proposed for manufacturers in the wind, geothermal and solar sectors in the US as part of wider job creation programme

The White House is proposing a $5bn (£3bn) increase in clean energy tax credits as part of a push to spur green collar job growth and expand US renewable energy capacity. The proposal, unveiled yesterday...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Will AI be good or bad for the climate? Here's what the latest evidence on energy use suggests

Will AI be good or bad for the climate? Here's what the latest evidence on energy use suggests

The extent to which AI harms the environment or turbocharges clean tech development will depend to a large extent on the policy framework in which it operates

Francesco Grillo, Bocconi University - The Conversation
clock 14 October 2026 • 4 min read
Schneider Electric and Apple unveil new smart thermostat

Schneider Electric and Apple unveil new smart thermostat

Tech firms jointly develop new suite of products to boost household energy efficiency

Stuart Stone
clock 14 October 2026 • 2 min read
AI platform Nvidia joins Prince William's Earthshot Prize as founding partner

AI platform Nvidia joins Prince William's Earthshot Prize as founding partner

EXCLUSIVE: Chip giant joins Earthshot as founding partner to support finalists working on advanced computing solutions that promise to tackle environmental challenges

clock 14 October 2026 • 3 min read