Clean energy supporters have cheered the introduction of a US Senate bill to allow renewable energy projects to seek financing using tax-advantaged master limited partnerships (MLPs), but they have low expectations for its chances in the current Congress. Senators Chris Coons (D-Delaware) and Jerry Moran (R-Kansas) introduced proposed legislation last week to open up the tax code to allow renewable energy projects to access the MLP, a limited partnership that is publicly traded on a securities exchange, which combines the tax benefits of a limited partnership with the liquidity of publicly traded securities.
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