WASHINGTON, April 27 (Reuters) - Solar and EV companies are warning that a Republican plan to slash federal spending in exchange for a hike in the U.S. debt ceiling could hobble the tax incentives that unleashed billions of dollars in green investment and created tens of thousands of jobs in Republican districts over the past year.
The Republican-controlled U.S. House of Representatives on Wednesday passed a bill that would revoke tax breaks and other clean-energy and manufacturing incentives included in Democratic President Joe Biden's Inflation Reduction Act of 2022, which has spurred investment in battery plants, electric vehicles, solar-panel factories and other businesses.
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Last
73.0¢ |
Change
0.055(8.15%) |
Mkt cap ! $157.9M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 75.0¢ | 67.5¢ | $639.2K | 889.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36699 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 1967 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |