$FuelCell Energy (FCEL.US)$ With a scale of up to 369 billion US dollars, it also becomes the largest climate bill in American history, aiming to reduce US carbon emissions by 40% by 2030.
Not only is the scale large, but the duration is also longer. The 30% investment tax credit available for photovoltaic projects has been extended for 10 years; the proportion of fiscal support for project costs is also higher, such as green hydrogen subsidies reaching up to 50% of production costs, which will also stimulate the explosive growth of other clean energy industries such as electric vehicles, energy storage, carbon capture, and wind energy.