"House Democrats Reintroduce Green Energy Tax Package"

"Democrats on the House Ways and Means Committee on Friday put forward a sweeping green energy bill that would extend several clean energy tax credits, expand electric vehicle tax credits and set the stage for putting a price on greenhouse gas emissions.

The bill, called the GREEN Act, was first introduced last year but is being put forward again with Democrats now controlling both chambers of Congress and the White House.

The legislation would extend the use of tax credits for solar, wind and geothermal energy while also extending the use of a tax credit for using technology that captures carbon dioxide in the production of fossil fuels."

Rachel Frazin reports for The Hill February 5, 2021.