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U.S. solar industry in urgent push to extend tax incentive

As world leaders convene in Paris to forge a pact to curb carbon emissions, the U.S. solar industry is pushing to seal a smaller deal in Washington that for it is arguably more urgent: preventing a key clean energy incentive from disappearing.

Solar supporters want U.S. lawmakers to extend a 30 percent tax credit for solar installations, possibly as part of a package of renewed temporary tax breaks Congress is working to pass in the next two weeks, industry lobbyists and executives said.

The tax credit is currently slated to step down to 10 percent for commercial solar systems, and expire for residential systems, at the end of 2016.

The industry says extending the 30 percent tax credit now will help companies gear up for investments next year...