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Bipartisan efforts to craft a response to Russia’s invasion of Ukraine are threatening tax breaks for renewables and storage, a former Senate aide told EBA.
Supply delays and rising prices will cut U.S. solar growth this year but petroleum price shocks from Russia’s invasion of Ukraine will help the sector recover.
Fifty-one carbon capture and storage projects were announced in the U.S. in 2021, more than the total of all projects announced in the previous three years.
State and federal officials say they are laser-focused on the millions of dollars that will soon be going to states from the bipartisan infrastructure bill.