Environmental Protection Agency Administrator Scott Pruitt believes that the federal tax credits for the wind and solar power industries should be rolled back. Pruitt told a crowd at a Kentucky Farm Bureau event that the credits stand in the way of utility companies making the best decisions about power generation.
“I would do away with these incentives that we give to wind and solar,” he said, referring to wind’s production tax credit and solar’s investment tax credit. “I’d let them stand on their own and compete against coal and natural gas and other sources, and let utilities make real-time market decisions on those types of things as opposed to being propped up by tax incentives and other types of credits that occur, both in the federal level and state level,” he continued.
Pruitt conceded that any move to end the credits would be a “policy decision” for Congress, “not an EPA decision.”
Read More – The Hill
