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Hydro, biofuels industries press for tax credit renewal
Utility Dive: The fight for solar and wind power tax credits might garner the headlines, but biofuels and hydropower producers say they too need incentives to help the country lessen its carbon footprint.
Without the tax credit extension, the Hill noted those industries fear they will struggle to compete with solar and wind resources that are receiving subsidies. Last year, lawmakers reached a deal to extend the wind production tax credit through 2020, and the solar investment tax credit will phase out through 2022.
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