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Exclusive: Tweaking tax code could spur green energy: senator

Wed, 06/06/2012 - 8:24pm
Reuters

WASHINGTON (Reuters) - A freshman Democratic senator thinks he may have found a way to encourage investment in wind, solar and biofuel projects without sapping too many taxpayer dollars or injecting new venom into a bitter partisan battle over energy incentives.

Chris Coons will introduce legislation on Thursday that would allow a broad range of renewable power generation and transmission projects to qualify for a tax structure used widely by pipeline and other energy-related companies.

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