Electric vehicle (EV) advocates welcomed a Senate tax reform package that keeps the federal tax credit in place on purchases of renewable energy automobiles.

The U.S. wind industry and electric-powered cars look to be the big losers among energy provisions in the House tax reform bill that was marked up this week, while the oil and gas industry appears to once again be in for some very nice breaks.

As the turbine fleet ages, older wind turbines are being upgraded with new technological advancements, adding greater capacity at those sites.

WASHINGTON, July 19, 2017 - Many people buying energy-efficient items look forward to the cash-back incentives to offset the cost of these high-dollar products, but without the tax credit some countries are seeing a steep decline in electric vehicle (EV) sales.