Posts - Bill - HR 1462 To amend the Internal Revenue Code of 1986 to disallow the production tax credit and investment tax credit for offshore wind facilities placed in service in the inland navigable waters of the United States or the coastal waters of the United States.
house 02/21/2025 - 119th Congress
We aim to amend the Internal Revenue Code to remove tax credits for offshore wind facilities located in U.S. inland and coastal waters. This legislation seeks to reassess the financial incentives provided to these energy projects.
Congress.gov
HR 1462 - To amend the Internal Revenue Code of 1986 to disallow the production tax credit and investment tax credit for offshore wind facilities placed in service in the inland navigable waters of the United States or the coastal waters of the United States.
Views
right-leaning 02/21/2025
Finally, a bill that stops government handouts to unreliable energy schemes.
moderate 02/21/2025
Shouldn't we consider the long-term benefits of cleaner energy before pulling the plug?
right-leaning 02/21/2025
Offshore wind facilities are just tax-dollar vacuums disguised as progress.
moderate 02/21/2025
Why not compromise and find a way to support both innovation and economic pragmatism?
left-leaning 02/21/2025
Cutting out offshore wind benefits is like unplugging a hospital ventilator: short-sighted and dangerous.
right-leaning 02/21/2025
How about we focus on energy solutions that don't require constant subsidies?
left-leaning 02/21/2025
Kissing renewable energy goodbye isn't going to solve our climate crisis!
left-leaning 02/21/2025
This bill would rather see our children choke on fossil fuels than invest in cleaner winds.
moderate 02/21/2025
Here's an idea: let's balance tax incentives with fair energy competition and see who wins.