NPR logo

Energy Tax Bill Includes Renewable Resources

  • Download
  • <iframe src="https://www.npr.org/player/embed/75050288/75139288" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Energy Tax Bill Includes Renewable Resources

Politics

Energy Tax Bill Includes Renewable Resources

Energy Tax Bill Includes Renewable Resources

  • Download
  • <iframe src="https://www.npr.org/player/embed/75050288/75139288" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The House is debating an $18 billion energy tax package that would reduce tax incentives for oil companies and provide tax credits for renewable energy production.

House Democrats say its time for a new energy policy that reduces the country's dependence on oil. The measure touches on wind power, solar, ethanol and other biofuels.

Rejected as part of last year's broader energy bill, the legislation would pay for renewable energy incentives by eliminating tax breaks for the oil and gas industry.

The White House has threatened a veto.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.