Neil Auerbach

With half a dozen renewable tax breaks slated to expire in three months, witnesses told a key House committee that simply letting them all die will cause “chaos” for the energy industry.

Virtually all today’s witnesses, speaking before a joint hearing of the House Ways & Means’ subcommittees on Select Revenue Measures and Oversight, favored phasing out current technology-specific tax credits, either as part of a full tax code overhaul or replacing them with technology-neutral incentive mechanisms. Keep reading →