The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
SHARE
US

Green Energy Credits Provide Tax Shelter for Wall Street Banks

Copy
Facebook
X
Truth
Gettr
LinkedIn
Telegram
Email
Save
Green Energy Credits Provide Tax Shelter for Wall Street Banks
Solar panels are seen at the Desert Stateline project near Nipton, Calif., on Aug. 16, 2021. Bridget Bennett/Reuters
Autumn Spredemann
By Autumn Spredemann
8/12/2022Updated: 8/22/2022
0:00

Tax credits have been a go-to move for the U.S. government to incentivize renewable energy project developers for years. Yet, substantial profits are ending up in the pockets of the corporate banking industry.

As of last year, the renewable tax equity market represented a $20 billion industry for big banks.
Autumn Spredemann
Autumn Spredemann
Author
Autumn is a South America-based reporter covering primarily Latin American issues for The Epoch Times.
twitter
Author’s Selected Articles

Insiders Share Why the US Imports So Much Food

May 30, 2025
Insiders Share Why the US Imports So Much Food

Inside Egypt’s New $1 Billion Grand Egyptian Museum

May 21, 2025
Inside Egypt’s New $1 Billion Grand Egyptian Museum

Housing Crisis in Spain and Italy Goes Beyond Holiday Rental Boom

May 03, 2025
Housing Crisis in Spain and Italy Goes Beyond Holiday Rental Boom

Why the US Denied a Request From Mexico for Water

Apr 29, 2025
Why the US Denied a Request From Mexico for Water
Related Topics
tax credits
big banks
tax shelter
Save
The Epoch Times
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.