So far, the House tax bill, passed wholly by the Republican party, picks the winners and losers in the energy industry. Wind power and other green energy actors are the losers in this new economic model, according to leading economic analysis. Oil, gas, and nuclear power are proffered, on the other hand, making either energy source preferred to hydropower or any of its green cousins. “It’s a dirty tax deal for dirty energy,” Jeff Tittel, of the New Jersey Sierra Club, told ABC News. “Trump’s tax bill is a clear assault on renewable energy including wind, electric vehicles, and solar power. While keeping the bulk of tax credits for the oil and other fossil fuel industries, the bill would cut important credits for green fuels.” Originally, crude oil was only used for lighting. This changed following the invention of the internal combustion engine, which outperformed steam engine in power, […]