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Tax Rules to Kick Off New Clean-Energy Market

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The Biden administration sets the stage for large companies to start buying clean-energy tax credits, bringing fresh sources of capital to projects such as wind farms

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Companies have been waiting for Treasury Department to set ground rules before they buy tax creditsClean-energy tax credits are designed to bring fresh sources of capital to projects such as the Block Island Wind Farm off the Rhode Island coast.WASHINGTON—The Biden administration is setting the stage for large companies to start buying clean-energy tax credits, kick-starting a new market

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