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Tax Credit Extensions can impact renewable energy deployment.

2016-02-24 14:31:06| Industrial Newsroom - All News for Today

NREL released analysis exploring potential impact of recently extended federal tax credits on the deployment of renewable generation technologies and related U.S. electric sector carbon dioxide emissions. Tax credit extensions are estimated to drive net peak increase of 48–53 gigawatts in installed renewable generation capacity in the early 2020s. Cumulative emissions reductions spanning 2016–2030 as a result of tax credit extensions are estimated to range from 540–1,400 million metric tons CO2.

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