Not a good way to do business…
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As the lame-duck Congress limps to the finish line, billions of dollars in dubious federal energy subsidies remain in limbo.
The perennial procrastination has solar- and wind-power lobbyists scrambling for renewal of their industries’ expiring tax credits.
If past is prologue, lawmakers will keep the money flowing via “tax extenders,” says Matt Mitchell, a policy analyst at George Mason University’s Mercatus Center.
Mitchell says the legislative stall is by design.