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Proposed Extension of Tax Credits for Renewable Energy Would Have Uneven Effect
The New York Times: After months of taking a beating in the markets, renewable energy companies suddenly seemed to be on firmer footing this week, as lawmakers proposed extending important tax credits in exchange for lifting the decades-old ban on exporting American crude oil.
But even as renewable energy stocks rallied — SolarCity’s shares surged more than 40 percent — and advocates and executives cheered, some sectors of the industry appeared to benefit more than others.
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