Attorney General Raoul Backs Lawsuit Challenging IRS Wind and Solar Rule

CHICAGO — Attorney General Kwame Raoul joined 14 state attorneys general in supporting a lawsuit against a new IRS rule that limits wind and solar projects from qualifying for federal tax credits. The coalition says the change threatens clean energy investment and could raise electricity costs as demand grows. The rule removes the 5% investment option for most wind and large solar projects. The brief asks the court to restore the prior standards in place for over a decade.