Biden tax plan eschews fossil fuel subsidies for clean energy credits

Published 18:56 on April 7, 2021  /  Last updated at 22:24 on April 7, 2021  / Matthew Lithgow /  Americas, International, US

The US Treasury Department published President Joe Biden’s tax plan on Wednesday that would eliminate fossil fuel subsidies in favour of provisions for clean energy and sustainable aviation fuels.
The US Treasury Department published President Joe Biden’s tax plan on Wednesday that would eliminate fossil fuel subsidies in favour of provisions for clean energy and sustainable aviation fuels.


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