Some of the key differences between the two chambers on energy include:
-
A House requirement that wind and solar projects begin construction within 60 days of the bill's enactment to get subsidies, which is not in the Senate version.
-
A Senate safe harbor that allows projects that start construction this year to get access to the credit, even if they don't start producing electricity by the legislation's deadline.
-
A House provision that prevents projects from getting access to the credit if they have Chinese components, which is less stringent in the Senate version.
Rep. Chip Roy (R-Texas), a leading conservative voice who wants to slash the credits told reporters Tuesday he was trying to understand what the practical impacts of the Senate text will be.
“We’re trying to understand, what does that language actually mean? What will that mean in terms of implementation? Will subsidies flow or not?" he said.
"If the subsidies will flow, we’re not gonna be able to get there. If the subsidies are not gonna flow, then there might be a path,” he added.