Environmental

To Level Energy Playing Field, Billions in Oil and Gas Subsidies Have To Go

 oil field

A person walks past pump jacks operating at the Kern River Oil Field in Bakersfield, California, on January 16, 2015. Source: AP/Jae C. Hong

Washington, D.C. —(ENEWSPF)–May 26, 2016.  Last year, Congress decided to phase out the investment tax credit, or ITC, and production tax credit, or PTC, for renewable energy over the course of several years. These tax credits have been useful in promoting the implementation of clean, renewable energy infrastructure. However, with…

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